2023-06-01

Amendment to Policy Statement 81-107 Respecting Independent Review Committee for Investment Funds

The securities regulators amended Policy Statement 81-107 to align with the phased implementation of the System for Electronic Data Analysis and Retrieval Plus (SEDAR+). The changes require that documents filed with regulators outside Québec be transmitted electronically through SEDAR+ as prescribed by Regulation 13-103. Additionally, all references to the legacy SEDAR system within the Policy Statement have been replaced with SEDAR+ to reflect current electronic filing obligations.

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AMENDMENTS TO POLICY STATEMENT TO REGULATION 81-107 RESPECTING INDEPENDENT REVIEW COMMITTEE FOR INVESTMENT FUNDS

  1. Section 1.1 of Policy Statement to Regulation 81-107 respecting Independent Review Committee for Investment Funds is amended by inserting, after paragraph (2), the following: “3. 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 Statement.”.
  2. The Policy Statement is amended by replacing “SEDAR”, wherever it appears, by “SEDAR+”.