|
PART 5 -
ONGOING REQUIREMENTS FOR ISSUERS AND INSIDERS |
|
Disclosure General |
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51-101 |
National Instrument |
Standards
of Disclosure for Oil and Gas Activities
Form
51-101F1 Statement of Reserves Data and Other Oil and
Gas Information
Form
51-101F2 - Report on Reserves Data by Independent Qualified
Reserves Evaluator
Form
51-101F3 - Report of Management and Directors on Oil and
Gas Disclosure |
September 30, 2003 |
Sets out disclosure
requirements for oil and gas issuers. |
|
51-101CP |
Companion Policy |
Standards
of Disclosure for Oil and Gas Issuers
List
of professional organizations which supercedes the list in
section 1.5(b)
|
September 30, 2003
Jan 19, 2004
|
Companion Policy to NI 51-101 |
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51-313 |
CSA Staff Notice |
Frequently
Asked Questions about NI 51-101 Standards of Disclosure
for Oil and Gas Activities |
April 8, 2004 |
|
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51-102 |
National Instrument |
Continuous
Disclosure Obligations
Form
51-102F1 Management's Discussion and Analysis
Form
51-102F2 Annual Information Form
Form
51-102F3 Material Change Report
Form
51-102F4 Business Acquisition Report
Form
51-102F5 Information Circular
Form
51-102F6 Executive Compensation |
March 30, 2004 |
Prescribes the continuous
disclosure requirements that apply to reporting
issuers. |
|
51-102CP |
Companion Policy |
Continuous
Disclosure Obligations |
March 30, 2004 |
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51-311 |
CSA Staff Notice |
Frequently
Asked Questions Regarding NI 51-102 Continuous
Disclosure Obligations |
March 26, 2004. Updated
April 23, 2004.
Updated June 18, 2004 |
|
|
51-201 |
National Policy |
Disclosure Standards |
July 12, 2002 |
Describes timely disclosure obligations for reporting issues and provides guidance on legislative prohibitions against selective disclosure. Also lists "best disclosure" practices and gives examples of types of information likely to be
material. |
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51-301 |
CSA Staff Notice |
Conversion of Corporate Issuers to Trusts |
October 10, 1997. |
Sets out CSA staff's views on protection of investors' rights when reporting issuers reorganize their affairs so that their security holders become security holders of a trust. |
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51-304 |
CSA Staff Notice |
Report on Staff's
Review of Executive Compensation Disclosure |
November 4, 2002 |
Reports findings of staff's review (May to September, 2002)
of issuers' executive compensation disclosure in management
information circulars. Provides guidance in complying
with disclosure requirements. |
|
51-305 |
CSA Staff Notice |
Canadian Capital Markets Association - Corporate Actions
and Other Entitlements White Paper - October 2002 |
November 29, 2002 |
Provides information and background to the Canadian Capital
Markets Association's White Paper on Corporate Actions and
Other Entitlements. |
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51-306 |
CSA Staff Notice |
Status of Proposed
Continuous Disclosure Rule |
January 24, 2003 |
Sets out the status of proposed National Instrument 51-102
Continuous Disclosure Obligations |
|
51-307 |
CSA Staff Notice |
Status
of Proposed Continuous Disclosure Rule |
November 7, 2003 |
Updates the status of proposed National Instrument 51-102
Continuous Disclosure Obligations |
|
51-308 |
CSA Staff Notice |
Filing
of Management's Discussion and Analysis and National
Instrument 51-102 Continuous Disclosure Obligations |
Dec 19, 2003 |
Provides guidance on complying
with MD&A requirements upon implementation of NI
51-102. |
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51-309 |
CSA Staff Notice |
National
Instrument 51-101 Standards of Disclosure for Oil and
Gas Activities - Acceptance of Certain Forenign
Professional Boards as a "Professional
Organization"
MRRS
Decision document dated Jan 6, 2004 |
Jan 19, 2004 |
Gives notice that the CSA have
added the listed professional boards in the United States
to the list of professional organizations for the purposes
of NI 51-101. |
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51-310 |
CSA Staff Notice |
CSA
Staff Notice 51-310 Report on Staff's Continuous
Disclosure Review of Income Trust Issuers |
Feb 13, 2004 |
Reports the findings and
comments of CSA staff from the review of the continuous
disclosure records of 40 income trust issuers. |
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51-311 |
CSA Staff Notice |
Frequently
Asked Questions Regarding NI 51-102 Continuous
Disclosure Obligations |
March 26, 2004. April 23,
2004 |
|
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51-312 |
CSA Staff
Notice |
CSA
Staff Notice 51-312 Harmonized Continuous Disclosure
Review Program |
July 16, 2004 |
|
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51-313 |
CSA Staff Notice |
Frequently
Asked Questions about NI 51-101 Standards of Disclosure
for Oil and Gas Activities |
April 8, 2004 |
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51-501 |
Saskatchewan Instrument |
Annual Information Form and Management's Discussion and Analysis |
March 15, 2001 |
Requires certain reporting issuers to file and deliver to their security holders an annual information form. Also requires certain reporting issuers to file and deliver to their security holders Management's Discussion and Analysis with their annual and
interim financial statements. |
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51-501CP |
Companion Policy |
Companion Policy to Annual Information Form and Management's Discussion and Analysis |
March 15, 2001 |
Provides additional guidance to assist reporting issuers in complying with Local Instrument 51-501. |
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51-903 |
General Exemption Order |
Implementation of Saskatchewan Local Instrument 51-501 |
April 17, 2001 |
Grants an exemption from Saskatchewan Local Instrument 51-501 Annual Information Forms and Management's Discussion and Analysis if issuers comply with OSC Rule 51-501 AIF & MD&A. |
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51-904 |
General Exemption Order |
Curing Issuers' Defaults of Reporting Obligations |
Jan 22, 2001
Amended July 7, 2004
|
Orders that reporting issuers that have been in default of their continuous disclosure reporting obligations are deemed not to be in default if they meet certain conditions. |
|
51-701 |
Local Staff Notice |
Continuous Disclosure Reporting Requirements for Issuers under Section 21 Exemption Orders |
September 17, 1990. |
Sets out staffs' views of effect of continuous disclosure requirements under orders issued under prior Act. |
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51-702 |
Local Staff Notice |
Reporting Issuer Status after Exempt Securities Exchange |
May 7, 1993. |
Sets out staffs' views that an issuer which files a securities exchange take-over bid pursuant to clause 102(1)(e) of the Act becomes a reporting issuer. |
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51-703 |
Saskatchewan Staff Notice |
New
Requirements for Issuers Reporting by Order |
March 23, 2004
Amended April 27, 2004
|
Sets out how the new
continuous disclosure rules that come into effect on
March 30, 2004 will affect issuers reporting by order. |
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51-704 |
Saskatchewan Staff Notice |
Filing
Fees for Annual Information Forms from March 30, 2004 |
April 6, 2004 |
Give information about
filing AIFs on SEDAR from March 30, 2004 with the
introduction of NI 51-102. |
|
51-705 |
Staff Notice |
National
Instrument 51-102 - Definition of "Interim
Period" - GRO 51-908 |
November 1, 2004
|
Provides background to GRO
51-908. |
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51-801 |
Implementing Order |
Implementing
National Instrument 51-101Standards of Disclosure for
Oil and Gas Activities |
Sept 26, 2003 |
Grants exemptions necessary to implement
National Instrument 51-101. |
|
51-802 |
Implementing Order |
Implementing
National Instrument 51-102 Continuous Disclosure
Obligations |
March 30, 2004 |
Grants exemptions necessary
to implement NI 51-102 |
|
51-901 |
General Exemption Order |
Exemption Orders made Pursuant to Parts XI, II and XIII of the Act |
Nov 7, 1988.
Amended March 30, 2004. |
Makes exemption orders from the continuous disclosure requirements under the former Act uniform. |
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51-902 |
General Exemption Order |
Exemption from Certain Financial Reporting Requirements |
November 28, 1991. |
Exempts certain issuers from certain financial reporting requirements of the Act on certain conditions. |
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51-903 |
General Exemption Order |
Implementation of Saskatchewan Local Instrument 51-501 |
April 17, 2001 |
Grants an exemption from Saskatchewan Local Instrument 51-501 Annual Information Forms and Management's Discussion and Analysis if issuers comply with OSC Rule 51-501 AIF & MD&A. |
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51-904 |
General Exemption Order |
Curing Issuers' Defaults of Reporting Obligations |
January 22, 2001
Amended July 7, 2004
|
Orders that reporting issuers that have been in default of their continuous disclosure reporting obligations are deemed not to be in default if they meet certain conditions. |
|
51-905 |
General Exemption Order |
Varying
the Terms of Previously Granted Orders |
March 30, 2004 |
Varies the terms of rulings
previously granted by the Commission which impose
continuous disclosure requirements on issuers. |
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51-906 |
General Exemption Order |
Exemption
from Certain Continuous Disclosure Requirements under NI
51-102 Continuous Disclosure Obligations |
March 30, 2004 |
Exempts certain issuers from certain financial reporting requirements
under NI 51-102 on certain conditions. |
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51-907 |
General Exempiton Order |
Venture
Issuers Trading on Certain Foreign Markets |
March 30, 2004 |
Grants an exemption from the
requirement in the definition of "venture
issuer" in NI 51-102 that a reporting issuer
not have any of its securities listed on a marketplace
outside of Canada or the US. |
|
51-908 |
General Exemption Order |
Exemption
from Interim Periods in Non-Standard Financial Years |
November 1, 2004
|
Grants an exemption from the
requirement to file financial statements for interim
periods ending 9, 6 and 3 months before the end of its
financial to issuers that have non-standard financial
years. |
|
51-705 |
Staff Notice |
National
Instrument 51-102 - Definition of "Interim
Period" - GRO 51-908 |
November 1, 2004
|
Provides background to GRO
51-908. |
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TOP OF PAGE
Financial Disclosure |
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52-107 |
National Instrument |
Acceptable
Accounting Principles, Auditing Standards and Reporting
Currency |
March 30, 2004 |
Sets out the accounting
principles that issuers (other than investment funds) and
registrants may use to prepare their financial
statements. Also sets out the auditing standards that
may be applied to audit those financial statements. |
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52-107CP |
Companion Policy |
Acceptable
Accounting Principles, Auditing Standards and Reporting
Currency |
March 30, 2004 |
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52-108 |
National Instrument |
Auditor
Oversight |
March 30, 2004 |
Requires an auditor's report
that accompanies a reporting issuer's financial statements
to be signed by a public accounting firm that is a member
of the Canadian Public Accountability Board. |
|
52-109 |
Multilateral Instrument |
Certification
of Disclosure in Issuer's Annual and Interim Filings
Form
52-109F1 - Certification of Annual Filings
Form
52-109FT1 - Certification of Annual Filings during
Transition Period
Form
52-109F2 - Certification of Interim Filings
Form
52-109FT2 - Certification of Interim Filings during
Transition Period |
March 30, 2004 |
Requires the CEO and CFO of an
issuer to personally certify the issuer's annual and
interim filings with respect to certain matters. |
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52-109CP |
Companion Policy |
Certification
of Disclosure in Issuer's Annual and Interim Filings |
March 30, 2004 |
|
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52-110 |
Multilateral Instrument |
Audit
Committees
Form
52-110F1 - Audit Committee Information Required in an AIF
Form
52-110F2 - Disclosure by Venture Issuers |
March 30, 2004 |
Requires reporting issuers to
have audit committees which are responsible for overseeing
the issuer's auditors, and other matters relating to the
auditors. |
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52-110CP |
Companion Policy |
Audit
Committees |
March 30, 2004 |
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52-304 and 81-309 |
CSA Staff Notice |
Application of National Policy Statement 31 Change of Auditor of a Reporting Issuer and National Instrument 81-101 Mutual Funds when a reporting issuer appoints a new auditor as a result of
Arthur Anderson LLP - Canada ceasing to practise public accounting. |
August 9, 2002 |
Sets out staff's views on the application of
National Policy Statement 31 Change of Auditor of a Reporting Issuer and National Instrument 81-101 Mutual Funds when a reporting issuer appoints a new auditor as a result of
Arthur Anderson LLP - Canada ceasing to practise public accounting. |
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52-305 |
CSA Staff Notice |
Optional
Use of U.S. GAAP and U.S. GAAS by SEC Issuers |
May 2, 2003 |
Sets out the principles on
which Canadian securities regulators will grant exemptions
permitting SEC issuers to file financial statements
prepared in accordance with U.S. GAAP and audit reports
prepared in accordance with U.S. GAAS. |
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52-306 |
CSA Staff Notice |
Non-GAAP
Financial Measures |
Nov 14, 2003 |
Provides guidance to issuers
who disclose financial measures other than those prescribed
by GAAP. |
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52-307 |
CSA Staff Notice |
Auditor
Oversight and Financial Statements Accompanied by an Audit
Report dated on or after March 30, 2003 |
Dec 5, 2003 |
Alerts reporting issuers and
their auditors to plan to comply with MI 52-108 Auditor
Oversight which will affect auditors' reports dated on or
after March 30, 2004. |
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52-308 |
CSA Staff Notice |
Status
of Proposed Instrument Regarding Reporting on Internal
Control Over Financial Reporting |
Oct 15, 2004. |
|
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52-601 |
Local Policy Statement |
Selection of Professional Accountants |
October 21, 1993. |
Sets out who the Commission will consider as an acceptable auditor under clause 70(2)(i) of the Act. |
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52-701 |
Saskatchewan Notice |
Exemption
from Filing on SEDAR |
Jan 20, 2004 |
Gives notice of the repeal
of GRO 13-801 Exemption from Filing on SEDAR effective
June 30, 2004. |
|
52-903 |
General Exemption Order |
Exemption
from Multilateral Instrument 52-109 Certification of
Disclosure in Companies Annual and Interim Filings |
March 30, 2004
Amended April 7, 2004
|
Permits the CEO and CFO of
Junior and Senior Issuers Reporting by Order to file
alternate annual and interim certificates under MI
52-109. |
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53-301 |
CSA Staff Notice |
The Toronto Stock Exchange Committee on Corporate Disclosure - Final Report; CSA Task Force on Civil Remedies. |
September 12, 1997. |
|
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53-302 |
CSA Notice |
Proposal for a Statutory Civil Remedy for Investors in the Secondary Market and Response to the Proposed Change to the Definitions of "Material Fact" and "Material Change"
|
November 3, 2000 |
Outlines proposed new legislation to create a statutory civil remedy for investors in the secondary market. |
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54-101 |
National Instrument |
Communication with Beneficial Owners of Securities of a Reporting Issuer |
July 1, 2002 |
Requires reporting issuers to send proxy-related materials to the beneficial owners of its securities who not registered holders of its securities. Provides a procedure for sending proxy-related materials and other securityholder material to the
beneficial owners. Imposes obligations on various parties in the securityholder communication process. |
|
54-101 |
Forms |
54-101F1
54-101F2
54-101F3
54-101F4
54-101F5
54-101F6
54-101F7
54-101F8
54-101F9 |
July 1, 2002 |
Forms to NI 54-101 |
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54-101CP |
Companion Policy |
Communication with Beneficial Owners of Securities of a Reporting Issuer |
July 1, 2002 |
Companion Policy to NI 54-101 |
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54-301 |
CSA Staff Notice |
Frequently
Asked Questions about National Instrument 54-101
Communication with Beneficial Owners of Securities of a
Reporting Issuer |
April 4, 2003 |
Provides answers to frequently
asked questions about National Instrument 54-101
Communication with Beneficial Owners of Securities of a
Reporting Issuer |
|
54-102 |
National Instrument |
Interim Financial Statement and Report Exemption |
July 1, 2002 |
Provides an exemption to reporting issuers from the requirement to send interim financial statements or reports to its securityholders, on certain conditions. |
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TOP OF PAGE Insider Reporting |
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55-101 |
National Instrument |
Exemption from Insider Trading |
In effect in Saskatchewan June 6, 2001 |
Provides certain exemptions from the insider reporting obligation. |
|
55-101CP |
Companion Policy |
Exemption from Insider Trading |
In effect in Saskatchewan June 6, 2001 |
Companion Policy to National Instrument 55-101 Exemption from Insider Trading. |
|
55-102 |
National Instrument |
System for Electronic Disclosure by Insiders
(SEDI)
Form
55-102F1
Form 55-102F2
Form 55-102F3
Form 55-102F4
Form 55-102F5
Form 55-102F6
|
Oct 29, 2001
Amended as of August 26,
2003
|
Requires insiders of SEDI issuers to file their reports on SEDI. SEDI issuers are reporting issuers (other than mutual funds) that are required to file materials on SEDAR. |
|
55-102CP |
Companion Policy |
System for Electronic Disclosure by Insiders
(SEDI) |
Oct 29, 2001
Amended as of August 26,
2003
|
Companion Policy to National Instrument 55-102 System for Electronic Disclosure by Insiders (SEDI) |
|
55-103 |
Multilateral Instrument |
Insider
Reporting for Certain Derivative Transactions (Equity
Moneitization) |
February 28, 2004 |
Requires insiders of reporting issuers who enter into
agreements that change:
(a)
their
economic interest in the securities of the reporting issuer;
or
(b)
their
economic exposure to the reporting issuer;
to file an
insider report, even if they are not otherwise required to file
one.
|
|
55-103CP |
Companion Policy |
Insider
Reporting for Certain Derivative Transactions (Equity
Moneitization) |
February 28, 2004 |
Companion Policy to MI 55-103
Insider Reporting for Certain Derivative Transactions
(Equity Moneitization) |
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55-312 |
CSA Staff Notice |
Insider
Reporting Guidelines for Certain Derivative Transactions
(Equity Monetization) |
Feb 27, 2004 |
Provides guidance to insiders
on reporting of derivative-based transactions which are
commonly referred to as "equity monetization"
transactions. |
|
55-306 |
CSA Staff Notice |
Applications for Relief from the Insider Reporting Requirements by Certain Vice-Presidents |
Mar 12, 2002 |
Outlines the circumstances in which staff will support exemptions from the insider reporting requirements by persons who are called "vice-president", but who do not have access to confidential inside information. |
|
55-308 |
CSA Staff Notice |
Questions on Insider
Reporting |
November 15, 2002 |
Provides questions and answers on insider reporting. |
|
55-309 |
CSA Staff Notice |
Launch
of SEDI and Other Insider Reporting Matters |
April 11, 2003 |
Gives notice that the System
for Electronic Disclosure by Insiders (SEDI) will be
launched on May 5, 2003. Also gives steps to resume
filing on SEDI. |
|
55-310 |
CSA Staff Notice |
Questions
and Answers on SEDI |
April 28, 2003 |
Provides questions and answers
on how to use SEDI. |
|
55-311 |
CSA Notice |
System
for Electronic Disclosure by Insiders (SEDI) - Issuer
Profile Supplement Filing Requirement |
May 6, 2003 |
Gives notice, pursuant to new
Part 9 of NI 55-102, that SEDI issuers must file an issuer
profile supplement on SEDI by May 30, 2003. |
|
55-312 |
CSA Staff Notice |
Insider
Reporting Guidelines for Certain Derivative Transactions
(Equity Monetization) |
Feb 27, 2004 |
Provides guidance to insiders
on reporting of derivative-based transactions which are
commonly referred to as "equity monetization"
transactions. |
|
55-905 |
General Exemption Order |
Insider Trading Reports |
June 9, 2003 |
Grants certain exemptions from the insider reporting requirements. |
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TOP OF PAGE
Cease Trading Orders |
|
57-301 |
CSA Staff Notice |
Failing to File financial Statements on Time - Management Cease Trade Reports |
Mar 29, 2002 |
Describes the circumstances in which staff will consider granting a company's request for the issuance of a "management" cease trade order where the company is unable to file its financial statements on time. |
|
57-302 |
CSA Staff Notice |
Failure
to File Certificates under MLI 52-109 Certifications of
Disclosure in Issuers' Annual and Interim Filings |
Feb 27, 2004 |
Gives notice that failure to
file the certificates required by MLI 52-109 or filing
certificates that are not in proper form will be viewed by
staff as a serious breach of securities laws. |
