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ARTICLE · 13 JUNE 2019

CSA Proposes A Modernized National Filing System For Reporting Issuers

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On May 2, 2019, the Canadian Securities Administrators (CSA) announced that it is seeking comments in respect of a proposed streamlined and integrated...

CanadaCorporate/Commercial Law
Adam Kalbfleisch
Adam Kalbfleisch
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On May 2, 2019, the Canadian Securities Administrators (CSA) announced that it is seeking comments in respect of a proposed streamlined and integrated national information and filing system for capital market participants (the "Renewed System") along with the adoption of a simplified-fee system.

These proposals are consistent with the CSA's stated policy to identify and consider areas of securities legislation to reduce undue regulatory burdens and costs for reporting issuers, without compromising investor protection or the efficiency of capital markets. See CSA Staff Notice 51-353 Update on CSA Consultation Paper 51-404 and CSA Consultation Paper 51-404 Considerations for Reducing Regulatory Burden for Non-Investment Fund Reporting Issuers.

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