Canadian Corporate & Securities Lawyer
On January 15, 2014, the Rotman School of Management at the University of Toronto held a half day conference on Equity Crowdfunding in Canada. The conference was about the evolution of Equity Crowdfunding in the Canadian capital markets. Here is the link to the event calendar where you can access the webinar. It is under “2014” […]
The Canadian Securities Administrators (the CSA) have published proposed amendments to National Instrument 31-103 Registration Requirements, Exemptions And Ongoing Registrant Obligations (NI 31-103) on December 5, 2013 (the Proposed NI 31-103 Amendments), which included, among other things, a new short-term debt registration exemption under s. 8.22.1 of NI 31-103 (the Proposed registration exemption). Currently, all CSA […]
This is a follow-up to a recently posted blog on January 30, 2014 titled, “Changes Proposed for Exempt Offerings of Short-Term Debt and Securitized Products in Canada.” The designated rating provision under the existing Short-Term Debt Exemption in Section 2.35 of National Instrument 45-106 Prospectus and Registration Exemptions (NI 45-106) requires an issuer of short-term […]
The Canadian Securities Administrators (the “CSA”) have published for comment proposed amendments (the “Proposal”) to National Instrument 45-106 Prospectus and Registration Exemptions (“NI 45-106”). The Proposal seeks to: amend the existing prospectus exemption relating to short-term debt securities (the “Short-Term Debt Exemption”); and create a new prospectus exemption for the sale of short-term securitized products […]
On January 9, 2014, the Canadian Securities Administrators (CSA) published CSA Staff Notice 31-336 that provides industry guidance on, among other things, when exempt market dealers (EMDs) need to update their ‘know-your-client’ (KYC) information. The CSA states that an EMD should update KYC information at least annually or more frequently if there is a material […]
