2024-08-01
The securities regulator amends Regulation 52-110 respecting Audit Committees to update key definitions for market participants. The revision introduces a new definition for CSE senior tier aligned with Canadian Securities Exchange listing rules and replaces the definition of venture issuer to exclude entities with securities listed on major domestic and international exchanges or designated as CSE senior tier issuers. The amended regulation takes effect on a date to be specified, with a specific filing-based commencement rule applying in Saskatchewan.