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ARTICLE · 05 MAY 2017

Red Tape Reduction For Funds And Managers Among OSC's Priorities

It was published on March 23, 2017, with a 60 day comment period as noted below.

CanadaFinance and Banking

Initiatives of interest to funds and managers feature prominently in the Ontario Securities Commission's 2017-2018 Draft Statement of Priorities (OSC Notice 11-777). These include new initiatives, such as a welcome proposal to reduce redundant and ineffective disclosure and reporting requirements for investment funds, as well as ongoing initiatives such as the development of a "best interest standard".

The Draft Statement, which we previously discussed in a more general context, sets out the priority actions that the OSC will take in 2017-2018 to address each of its regulatory goals. It was published on March 23, 2017, with a 60 day comment period as noted below.

New Initiatives

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