Regulatory Alerts2020-11-12
Order approving the Regulation to amend Regulation 51-102 respecting Continuous Disclosure Obligations
The Minister of Finance approved the Autorité des marchés financiers' Regulation to amend Regulation 51-102 respecting Continuous Disclosure Obligations. The amendment modifies the significance tests for business acquisitions by raising the percentage thresholds from 20% to 30% for most reporting issuers and from 30% to 100% for venture issuers. The regulation came into force on November 18, 2020, with a delayed effective date for Saskatchewan if filed after that date.
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