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ARTICLE · 14 MAY 2012

Registration Requirements For Non-Resident Investment Fund Managers

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On February 10, 2012, the securities regulatory authority in each of Ontario, Quebec, New Brunswick and Newfoundland and Labrador (the "MI 31-102 Jurisdictions") published for comment proposed Multilateral Instrument 32-102 Registration Exemptions for Non-Resident Investment Fund Managers (MI 32-102) and its related Companion Policy.

CanadaGovernment, Public Sector
Tracy Hooey
Tracy Hooey
Lata Casciano
Lata Casciano
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On February 10, 2012, the securities regulatory authority in each of Ontario, Quebec, New Brunswick and Newfoundland and Labrador (the "MI 31-102 Jurisdictions") published for comment proposed Multilateral Instrument 32-102 Registration Exemptions for Non-Resident Investment Fund Managers (MI 32-102) and its related Companion Policy.

On the same date, the securities regulatory authorities in the remaining provinces and territories of Canada released Multilateral Policy 31-202 Registration Requirements for Investment Fund Managers (MP 31-202).

The two instruments reflect a different approach on the regulation of non-resident investment fund managers. Comments on the instruments are due by April 10, 2012.

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