New Disclosure Requirements for 2005 Annual Filings

Posted on March 19, 2006
Over the past few years, Canadian reporting issuers have been required to comply with gradually increasing disclosure requirements, changing their policies and practices along the way. As a result of securities law requirements enacted or amended in the summer of 2005, filings required to be made for the year ended December 31, 2005 are also subject to new disclosure requirements. These include: additional certifications in CEO and CFO certificates, along with corresponding disclosure in annual MD&A, as well as new disclosure relating to corporate governance practices in management information circulars and annual information forms.
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Proposed Revocation and Replacement of OSC Fee Rule

Posted on March 19, 2006
New OSC Rule 13-502 introduces more streamlined structure and reduced fees
Proposed OSC Rule 13-502 Fees, (the "New Rule") which replaces the existing Rule 13-502 is set to come into force on April 1, 2006. The New Rule preserves most aspects of the existing fee regime, with an aim of creating a clearer and more streamlined fee structure, as well as imposing fees at levels that more accurately reflect costs incurred by the Ontario Securities Commission (OSC) in connection with capital markets-related services. Continue Reading...
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