2023-06-01

Amendment to Policy Statement to Regulation 81-102 respecting Investment Funds

The Canadian securities regulators amended the Policy Statement to Regulation 81-102 respecting Investment Funds to incorporate new electronic transmission requirements. The amendment inserts Part 2.1, which mandates that documents required or permitted to be filed with regulators in jurisdictions other than Québec must be submitted electronically via the System for Electronic Data Analysis and Retrieval (SEDAR+). This change aligns the policy with Regulation 13-103 and its phased implementation schedule for SEDAR+ adoption.

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AMENDMENTS TO POLICY STATEMENT TO REGULATION 81-102 RESPECTING INVESTMENT FUNDS

  1. Policy Statement to Regulation 81-102 respecting Investment Funds is amended by inserting, after part 2, the following: “PART 2.1 ELECTRONIC TRANSMISSION Regulation 13-103 respecting System for Electronic Data Analysis and Retrieval + (SEDAR+) (insert reference) prescribes that each document that is required or permitted to be provided to a regulator, except in Québec, or securities regulatory authority must be transmitted to the regulator, except in Québec, or securities regulatory authority electronically through the System for Electronic Data Analysis and Retrieval + (SEDAR+). The reference to a document includes any report, form, application, information, material and notice, as well as a copy thereof, and applies to documents that are required or permitted to be filed or deposited with, or delivered, furnished, sent, provided, submitted or otherwise transmitted to, a regulator, except in Québec, or securities regulatory authority. To reflect the phased implementation of SEDAR+, the Appendix of Regulation 13-103 respecting System for Electronic Data Analysis and Retrieval + (SEDAR+) sets out securities legislation under which documents are excluded from being filed or delivered in SEDAR+. Regulation 13-103 respecting System for Electronic Data Analysis and Retrieval + (SEDAR+) should be consulted when providing any document to a regulator, except in Québec, or securities regulatory authority under the Regulation and this Policy.”.