Regulatory Alerts2021-05-20
Draft Amendments to Policy Statement to Regulation 41-101 respecting General Prospectus Requirements
The regulator issues draft amendments to the Policy Statement to Regulation 41-101 respecting General Prospectus Requirements to update terminology and clarify definitions. The changes replace the French term for asset-backed securities and substitute references to special purpose entities with structured entities across multiple sections. Additionally, Section 4.4 is repealed while Section 4.5 is amended to align the language regarding the distribution of asset-backed securities.
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