Regulatory Alerts2021-05-20
Added · Updated
Draft Amendment to Policy Statement 41-201 respecting Income Trusts and Other Indirect Offerings
The Canadian Securities Administrators issued this draft amendment to update Policy Statement 41-201 regarding income trusts and other indirect offerings. The changes align the policy with current prospectus forms by replacing references to obsolete sections of Form 51-102F2 with subsections of Form 51-102F1 and clarifying liquidity and capital resources disclosure requirements. Additionally, the amendment corrects specific terminology in the French text of the policy to ensure accurate legal definitions.
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