Publication
International Restructuring Newswire
Welcome to the Q1 2025 edition of the Norton Rose Fulbright International Restructuring Newswire.
Investment funds, registrants and other market participants to receive filing relief from the Canadian securities regulators
Canada | Publication | March 19, 2020 - 3 PM ET
In response to the mounting COVID-19 (coronavirus) crisis, the CSA announced on March 18, 2020, that it will provide blanket relief to a broad group of market participants, including registrants and investment funds, to accommodate a 45-day extension from some regulatory filings required to be made on or before June 1, 2020. This will include financial statements, management’s discussion and analysis, management reports of fund performance, annual information forms, technical reports, and certain other filings.
Those market participants choosing to rely on the relief and that are complying with the required pre-conditions will not need to file applications for management cease-trade orders or they will not be noted in default.
The CSA expects to publish further details about the relief shortly, which should hopefully provide greater clarification on the range of filings and pre-conditions.
We will keep you posted as further details become available.
Those market participants choosing to rely on the relief and that are complying with the required pre-conditions will not need to file applications for management cease-trade orders or they will not be noted in default.
The CSA expects to publish further details about the relief shortly, which should hopefully provide greater clarification on the range of filings and pre-conditions.
We will keep you posted as further details become available.
Recent publications
Publication
Forfeiture of suspected illegal sums without criminal prosecution: Are Canadian citizens’ fundamental rights in jeopardy?
Civil forfeitures without criminal prosecution is a hot topic, and we expect Canadian courts to continue dealing with fundamental rights issues raised in the context of such forfeitures.
Publication
M&A in uncertain times: The opportunity in Canada
As the tariffs threatened by President Trump against Canada, Mexico and China have been announced, we believe that there is an opportunity for businesses to find opportunity in geopolitical uncertainty, particularly in mergers and acquisitions.
Subscribe and stay up to date with the latest legal news, information and events . . .