Email Blast - Moratorium on fees for delayed OBA filings approved
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We are pleased to confirm that the recently announced moratorium on fees for delayed outside business activity (OBA) filings has received ministerial approval. The moratorium is from January 1, 2019 to December 31, 2021.
If your OBA began after January 1, 2019 and you submit a delayed filing, you will not incur a fee during the moratorium.
If your OBA began before January 1, 2019 and you submit a delayed filing, you will only be charged a fee for the period that falls outside the moratorium.
Registrants are reminded that they are still required to disclose OBA information in accordance with National Instrument 33-109 – Registration Information.
Fees will continue to be charged for other required filings made past the deadline.
If you have any questions regarding this email or the moratorium, please contact Colin Yao, Legal Counsel, Compliance and Registrant Regulation at [email protected] or 416-593-8059.