Regulatory Alerts2021-12-23
Amendment to Policy Statement to Regulation 81-106 Respecting Investment Fund Continuous Disclosure
The Canadian Securities Administrators amended Policy Statement to Regulation 81-106 to reduce regulatory burden for investment fund issuers by introducing Part 11 on Investment Fund Websites. The amendments require funds to designate a specific website for regulatory disclosure, mandating that it be open-access, free of charge, and structured to allow easy navigation and document access for investors. The new guidance clarifies that funds may use shared or third-party websites, provided they clearly differentiate information for each fund and maintain accurate, up-to-date content within their compliance systems.
Share