Regulatory Alerts2021-05-20
Draft Amendments to Policy Statement to Regulation 51-101 respecting Standards of Disclosure for Oil and Gas Activities
The Canadian securities regulators issued amendments to the Policy Statement accompanying National Instrument 51-101 regarding standards of disclosure for oil and gas activities. The changes specifically modify Section 2.4 by deleting a sentence in paragraph (1) and replacing specific phrasing in paragraph (2) to clarify that a reporting issuer can include required information in its Annual Information Form. These adjustments streamline the regulatory language governing how issuers disclose information under Regulation 51-101.
Share