Previously proposed executive compensation disclosure changes finalized

Posted on July 22, 2011

The Canadian Securities Administrators (CSA) announced today that they are adopting amendments to Form 51-102F6 Statement of Executive Compensation effective for financial years ending on or after October 31, 2011. As we discussed in a previous post, proposed amendments were initially published in November and followed a CSA review dating from November 2009 that assessed compliance with executive compensation disclosure requirements.

The CSA revisions to the November proposals, made in response to comments received, are not considered material and, thus, will not be open for further comment.

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