CANADIAN SECURITIES REGULATORS MODERNIZE REGISTRATION INFORMATION REQUIREMENTS, CLARIFY OUTSIDE ACTIVITY REPORTING AND UPDATE FILING DEADLINES
As part of its continuing effort to reduce the regulatory burden, the Canadian Securities Administrators (CSA) published final amendments aimed at improving the overall efficiency of the registration process.
Highlights include establishing a new framework for reporting outside activities to regulators, extending some deadlines to report changes in registration information, and implementing new requirements to report the business titles and professional designations used by registered firms and individuals.
The amendments will come into force on June 6, 2022.
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