Regulatory Alerts2023-04-13
Amendments to Regulation 58-101 Respecting Disclosure of Corporate Governance Practices
Regulatory amendments to Regulation 58-101 introduce mandatory disclosure requirements for diversity on boards and in executive positions. The changes define designated groups including Indigenous peoples, LGBTQ2SI+ persons, racialized persons, persons with disabilities, and women, and require issuers to disclose diversity targets and self-identified demographic data. Issuers must now report on board nomination processes, renewal mechanisms, and progress toward diversity objectives based on voluntary self-identification.
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