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ARTICLE · 31 AUGUST 2011

Canadian Securities Administrators Adopt Amendments To Form 51-102F6 Statement Of Executive Compensation

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On July 22, 2011, the Canadian Securities Administrators (CSA) published a notice with respect to the adoption of amendments to Form 51-102F6 Statement of Executive Compensation (Form 51-102F6 Amendments).

CanadaFinance and Banking
Peter Villani
Peter Villani
Jean Lapierre
Jean Lapierre
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On July 22, 2011, the Canadian Securities Administrators (CSA) published a notice with respect to the adoption of amendments to Form 51-102F6 Statement of Executive Compensation (Form 51-102F6 Amendments). Subject to obtaining all necessary ministerial approvals, the Form 51-102F6 Amendments and certain consequential amendments to National Instrument 51-102 Continuous Disclosure Obligations and to National Instrument 58-101 Disclosure of Corporate Governance Practices will come into force on October 31, 2011, and will apply in respect of financial years ending on or after such date.

The Form 51-102F6 Amendments follow the CSA's review of the issues raised by CSA Staff Notice 51-331 Report on Staff's Review of Executive Compensation Disclosure that was published in November 2009 as well as of the amendments that CSA thought were relevant to Canadian reporting issuers in the rules amending compensation and corporate governance disclosure requirements that were adopted

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