ARTICLE
28 September 2018

BCSC Proposes Electronic Filing Of Annual Reports Of Exempt Distributions

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The British Columbia Securities Commission published proposed amendments to British Columbia Instrument 13-502 Electronic Filing of Reports of Exempt Distribution that would require investment fund issuers ...
Canada Corporate/Commercial Law
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The British Columbia Securities Commission (BCSC) published proposed amendments (Proposed Amendments) to British Columbia Instrument 13-502 Electronic Filing of Reports of Exempt Distribution that would require investment fund issuers to use BCSC eServices when submitting Form 45-106F1s filed on an annual basis (currently these annual filings are submitted as paper filings to the BCSC). The Proposed Amendments would allow payments to be made through BCSC eServices or by cheque.

The Proposed Amendments will result in all non-reporting issuer investment funds to set up a profile in the BCSC eServices in advance of their initial Annual Form 45-106F1 filing in B.C.

The comment period is open until November 20, 2018.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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