CSA Findings From Gender Diversity Disclosure Requirements Review Released

On September 28, 2015, the Canadian Securities Administrators (CSA) released a staff notice summarizing the findings from its review of the corporate governance disclosure of non-venture issuers as it relates to the amendments to National Instrument 58-101– Disclosure of Corporate Governance Practices and Form 58-101F1 Corporate Governance Disclosure (Amendments), implemented by the securities regulatory authorities of Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Quebec, Saskatchewan and Yukon (Participating Jurisdictions) on December 31, 2014. These Amendments require non-venture issuers in the Participating Jurisdictions to disclose their policies regarding, and their consideration of, the levels of representation of women on boards and in senior management, and their actual and any targeted figures for such representation.