Regulatory Alerts2021-10-07
Regulation to amend Regulation 81-102 respecting Investment Funds
The regulator amends Regulation 81-102 respecting Investment Funds to update disclosure requirements for proposed changes or transactions involving investment funds. The revised Section 5.4 mandates that notices include detailed statements in information circulars covering transaction descriptions, management expense ratio impacts, and comprehensive background information on new managers. These amendments, which also involve deletions in Sections 5.5 and 5.7, come into force on January 5, 2022, with a specific provision for Saskatchewan regarding delayed filing dates.
Share