Regulatory Alerts2024-05-23
Regulation to amend Regulation 81-102 respecting Investment Funds
Regulatory authorities amend Regulation 81-102 respecting Investment Funds to accommodate a range of settlement cycles for mutual funds. The amendments introduce a new definition of "reference settlement date" and replace specific day-count references in Section 9.4 to allow funds to determine their own settlement timelines. This regulation comes into force on August 31, 2024, with a specific provision for Saskatchewan regarding the filing date with the Registrar of Regulations.
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