Regulatory Alerts2022-01-06
Policy Statement 81-106 to Regulation 81-106 Respecting Investment Fund Continuous Disclosure
The Canadian Securities Administrators issued Policy Statement 81-106 to interpret and apply the continuous disclosure requirements of Regulation 81-106 for investment funds. The document outlines specific mandates for financial statement preparation, including the classification of securities under IFRS, disclosure of soft dollars and securities lending, and auditor involvement in interim reports. It further establishes rules for the delivery of disclosure documents to securityholders and defines the application of plain language principles to enhance investor understanding.
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