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ARTICLE · 29 MAY 2015

Capital Markets Report - May 2015

On March 5, 2015 the Ontario Securities Commission ("OSC") provided notice of ministerial approval of the amendments to National Instrument 51-101 – Standards of Disclosure for Oil and Gas Activities.

CanadaCorporate/Commercial Law

In This Issue

  • From the Regulators
  • Relief Order of the Month
  • What We're Reading
  • What We've Been Up To
  • Public Company Activity

FROM THE REGULATORS

NEWS AND NOTICES

Canadian Securities Administrators Publish Proposed Amendments to the Take-Over Bid Regime

By: Carolyn Stroz

On March 31, 2015, the Canadian Securities Administrators published for comment proposed amendments to Multilateral Instrument 62-104 – Take-Over Bids and Issuer Bids and changes to National Policy 62-203 – Take-Over Bids and Issuer Bids (collectively, the Proposed Amendments). The 90-day comment period is open until June 29, 2015.

The Proposed Amendments would require that all non-exempt take-over bids:

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