Regulatory Alerts2023-03-08
Added · Updated
Multilateral CSA Staff Notice 45-309 (Revised): Guidance for Preparing and Filing an Offering Memorandum under Regulation 45-106
Staff of the Canadian Securities Administrators issued this revised notice to provide guidance to issuers and advisors on complying with the Offering Memorandum exemption under Regulation 45-106. The document details eighteen common deficiencies observed in filed offering memoranda, including failures to file on time, inadequate business and financial disclosures, and non-compliant accounting standards. Issuers are required to ensure their offering memoranda contain balanced, accurate information and adhere to strict formatting and certification requirements to avoid regulatory consequences.
More like this from AMF
AMF published 2 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share