On September 12, 2019, the Ontario Securities Commission (the
OSC) issued a news release regarding certain
amendments as to who can certify a registrant's annual fee
calculation form in Ontario (a Form 13-502F4),
which also applies to foreign registrants relying on an
international registration exemption in Ontario (each an
unregistered registrant).
Whereas a Form 13-502F4 previously had to be certified and
submitted to the OSC by the registrant's or unregistered
registrant's Chief Compliance Officer (the
CCO), pursuant to the proposed amendments, a Form
13-502F4 of a registrant or an unregistered registrant can now be
certified by its CCO, Chief Executive Officer, Chief Financial
Officer, Chief Operating Officer, or in the case of an unregistered
registrant, an individual acting in a similar capacity to one of
these positions, or a director of the registrant or unregistered
registrant.
