Notice of Ministerial Approval of Amendments: NI 51-102 - Continuous Disclosure Obligations

Notice of Ministerial Approval of Amendments: NI 51-102 - Continuous Disclosure Obligations

Notice of Ministerial Approval OSC Rule
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NOTICE OF MINISTERIAL APPROVAL
OFAMENDMENTS TO
NATIONAL INSTRUMENT 54-101
COMMUNICATION WITH BENEFICIAL
OWNERS OF SECURITIES OF A
REPORTING ISSUER

AND

NATIONAL INSTRUMENT 51-102
CONTINUOUS DISCLOSURE
OBLIGATIONS



Ministerial approval of certain rules

On January 15, 2013, the Minister of Finance approved, pursuant to section 143.3 of the Securities Act (Ontario):

  • amendments to National Instrument 54-101 Communication with Beneficial Owners of Securities of a Reporting Issuer; and
  • amendments to National Instrument 51-102 Continuous Disclosure Obligations.

The amendments came into force on February 11, 2013.

Commission approval of related policy changes

In connection with this initiative, the Ontario Securities Commission made changes on November 26, 2012 to:

  • Companion Policy 54-101CP Communication with Beneficial Owners of Securities of a Reporting Issuer (54-101CP); and
  • Companion Policy 51-102CP Continuous Disclosure Obligations (51-102CP).

The changes to 54-101CP and 51-102CP also became effective on February 11, 2013.

February 14, 2013