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2023-06-15

Regulation to amend Regulation 45-106 respecting Prospectus Exemptions

The Canadian Securities Administrators issued this regulation to amend Regulation 45-106 respecting Prospectus Exemptions. The changes involve striking out the definitions of “bank” and “Canadian financial institution” from Section 1.1 and modifying paragraph (a), subparagraph (iii) of Section 2.43. These amendments come into force on September 13, 2023.

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REGULATION TO AMEND REGULATION 45-106 RESPECTING PROSPECTUS EXEMPTIONS Securities Act (chapter V-1.1, s. 331.1, par. (11) and (34))

  1. Section 1.1 of Regulation 45-106 respecting Prospectus Exemptions (chapter V-1.1, r. 21) is amended by striking out the definitions of “bank” and “Canadian financial institution”.
  2. Section 2.43 of the Regulation is amended by striking out, in paragraph (a), subparagraph (iii), with the necessary changes.
  3. This Regulation comes into force on 13 September 2023.
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