February 06, 2020
On February 14, 2003, in an effort to enhance electronic delivery of documents, the Canadian Securities Administrators (“CSA”) implemented National Policy 11-201 – Delivery of Documents by Electronic Means (“NP 11-201”) to impose delivery requirements to be applied in a manner that accommodates technological developments without undermining investor protection.
On April 6, 2017, the CSA published a consultation paper to identify and consider areas of securities legislation applicable to non-investment fund reporting issuers (“issuers”) that could benefit from a reduction of undue regulatory burden, without compromising investor protection and the efficiency of the capital markets. Enhancing electronic delivery of documents was identified as one area where a broader review may be warranted. Commenters responding to that consultation were generally supportive of developments which would further facilitate electronic delivery of documents. On March 27, 2018, CSA staff published...
Read More »