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ARTICLE · 31 OCTOBER 2019

Final Amendments To National Instrument 31-103 Implementing The First Phase Of Client Focused Reforms

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On October 3, 2019, the CSA published the Reforms to Enhance the Client-Registrant Relationship, Notice of Amendments to National Instrument 31-103 and Companion Policy 31-103CP (collectively, the Amendments).

CanadaWealth Management
François Brais
François Brais
Élise Renaud
Élise Renaud
Jonathan Halwagi
Jonathan Halwagi
Grant Foster
Grant Foster
Anabel Quessy
Anabel Quessy
Émilie Marceau
Émilie Marceau
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On October 3, 2019, the Canadian Securities Administrators (the CSA) published the Reforms to Enhance the Client-Registrant Relationship (Client Focused Reforms) (PDF), Notice of Amendments to National Instrument 31-103 and Companion Policy 31-103CP (collectively, the Amendments) (PDF). The Amendments provide the final text of the changes whose objective is to implement a series of measures by the CSA, in the framework of reforms designed to improve the client-registrant relationship (Client Focused Reforms).

The publication of the Amendments stems from the comments received from various industry participants during the comment period following publication of the draft amendments to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103) and to Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations (Companion Policy) issued on June 21, 2018 (the Proposals). The

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