Department of Community Services
Yukon Securities Office
Requests for Comment
The consultation process is an important part of regulatory evolution. Both public and industry are encouraged to provide input into new or revised legislation. When the Yukon Securities Office or CSA is of the opinion that new or revised regulation is required, the proposed new documents will typically be published for public comment.
Kindly be informed that the following new documents have been published in various Canadian jurisdictions for comment. Comments should be directed to the Yukon Securities Office by e-mailing corporateaffairs@gov.yk.ca.
CSA Notice and Request for Comment on the Proposed National Instrument 52-109 Certification of Disclosure in Issuers’ Annual and Interim Filings, Related Forms and 52-109CP CSA Notice and Request for Comment on Proposed National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults CSA Notice and Request for Comment on proposed National Instrument 31-103 Registration Requirements and Companion Policy 31-103 CP, and CSA Notice and Request for Comment on proposed amendments to National Instrument 31-102 National Registration Database and Companion Policy 31-102 CP, and National Instrument 33-109 Registration Information and Companion Policy 33-109 CP Canadian Securities Regulators Propose Changes to Prospectus and Registration Exemptions, and Resale Restrictions
CSA Notice and Request for Comment on the Proposed National Instrument 52-109 Certification of Disclosure in Issuers’ Annual and Interim Filings, Related Forms and 52-109CP
The Canadian Securities Administrators are publishing CSA Notice and Request for Comment on the Proposed Repeal of Multilateral Instrument 52-109 Certification of Disclosure in Issuers’ Annual and Interim Filings, related forms and companion policy 52-109CP and their replacement with Proposed National Instrument 52-109 Certification of Disclosure in Issuers’ Annual and Interim Filings, related forms, companion policy 52-109CP and consequential amendments to Form 51-102F1 Management's Discussion and Analysis.
Key features:
CEO & CFO of venture issuers not required to certify the effectiveness of disclosure controls or internal control over financial reporting. Increased transition period for the scope limitation for acquisitions. Control framework required by non-venture issuers for internal control over financial reporting. Expanded guidance for certifying officers (52-109CP) Comment period expires on June 17, 2008.
]View the Proposed National Instrument 52-109 and related documents.
First Published: 18 Apr 2008
CSA Notice and Request for Comment on Proposed National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults
This policy provides guidance about ordinary responses by the CSA to certain types of continuous disclosure defaults.
Key features:
Describes the criteria applied when assessing whether to issue a general Cease Trade Order (CTO) or Management Cease Trade Order (MCTO). Outlines the information to be included in an application for an MCTO by an issuer. Comment period expires May 27, 2008
View proposed National Policy 12-203 and related documents
First Published: 28 Mar 2008
CSA Notice and Request for Comment on proposed National Instrument 31-103 Registration Requirements and Companion Policy 31-103 CP, and CSA Notice and Request for Comment on proposed amendments to National Instrument 31-102 National Registration Database and Companion Policy 31-102 CP, and National Instrument 33-109 Registration Information and Companion Policy 33-109 CP.
The Canadian Securities Administrators are publishing CSA Notice and Request for Comment on proposed National Instrument 31-103 and related documents together with proposed amendments to National Instrument 31-102 and National Instrument 33-109, and related documents. These previously published documents (February 2007) have received significant changes based on earlier comments. The Canadian Securities Administrators are again inviting comments on this initiative until May 29, 2008.
Comment Period Expires: May 29, 2008
View Proposed National Instrument 31-103 and related documents
View Multilateral Instrument 33-109 and related documents
View National Instrument 31-102 and related documents
First Published: February 29, 2008
Canadian Securities Regulators Propose Changes to Prospectus and Registration Exemptions, and Resale Restrictions
The Canadian Securities Administrators are publishing CSA Notice and Request for Comment on published proposed changes to National Instrument 45-106 Prospectus and Registration Exemptions (NI 45-106) and National Instrument 45-102 Resale of Securities.
Changes to NI 45-106 and NI 45-102 are designed to:
improve the effectiveness of the rules by clarifying provisions of the instruments codifying discretionary exemptions and streamline and harmonizing requirements in the instruments.
Key features:
NI 45-106 has been restructured as a result of the implementation of National Instrument 31-103 Registration Requirements (NI 31-103). NI 31-103 contemplates the adoption of a business trigger for registration rendering several NI 45-106 registration exemptions redundant.
Under Business Triggers:
prospectus exemptions will be separated from the registration exemptions in NI 45-106 In the future all registration exemptions applicable to those “in the business of trading in or advising on securities” will be located in NI 31-103. The registration exemptions currently in NI 45-106 will remain as they will continue to be applicable in British Columbia, Manitoba and New Brunswick. Comment Period Expires: May 29, 2008
View National Instrument 45-106 and related documents
View National Instrument 45-102 and related documents
First Published: February 29, 2008