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ARTICLE · 26 JULY 2023

CSA Announces Updated Exemptions From Filing Requirements During Switch To SEDAR+

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On July 17, 2023, Canadian Securities Administrators (CSA) announced updated exemptions from certain securities law filing requirements in connection with the transition from the existing System...

CanadaFinance and Banking
Randy McAuley
Randy McAuley
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On July 17, 2023, Canadian Securities Administrators (CSA) announced updated exemptions from certain securities law filing requirements in connection with the transition from the existing System for Electronic Data Analysis and Retrieval (Old SEDAR) to the new System for Electronic Data Analysis and Retrieval + (SEDAR+). The exemptions generally allow issuers to delay securities law filings required to be transmitted through SEDAR+ until after the Transition Period (as defined below), and provide an alternative method for completing urgent filings during the Transition Period. The exemptions are substantially similar to those previously announced on May 11, 2023, which were subsequently revoked due to the delayed launch of SEDAR+ (see our Updates,CSA Announces Exemptions From Filing Requirements During Switch to SEDAR+, CSA Defers Launch of SEDAR+ andCSA Announces Exemptions From Filing Requirements During Deferred Switch to SEDAR+).

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