December 6, 2016 Insurance Public Contracts Securities

In 2016, several regulatory amendments regarding the exempt market came into force. In order to help investment fund managers comply with some of these amendments, the AMF is proposing the following checklist:

• On June 30, 2016, the AMF repealed section 37.2 of the Securities Regulation. The filing of disclosure documents such as offering documents is no longer required in Québec.
   
  • AMF Bulletin (pdf - 1 MB)This link will open in a new windowUpdated on June 23, 2016: Regulations and Policy Statements
     
• Since May 24, 2016, in all CSA jurisdictions other than British Columbia and Ontario, issuers, except certain foreign issuers, must file the report on exempt distribution (45-106F1) on SEDAR.
   
  • Multilateral CSA Notice of Amendments (pdf - 127 KB)This link will open in a new windowUpdated on October 7, 2020Electronic filing: Regulation to amend Regulation 13-101 respecting System for Electronic Document Analysis and Retrieval (SEDAR) / Regulation to amend Regulation 13-102 respecting System Fees for SEDAR and NRD
     
  • Quick Reference Guide This link will open in a new window: Creating a Report of Exempt Distribution NI 45-106 Filing
     
• On June 30, 2016, a new Report of Exempt Distribution template (Form 45-106F1) came into force. A transition period is available for investment funds. Templates are posted on the AMF and the CSA websites.
   
  • Regulation 45-106 respecting Prospectus Exemptions (chapter V-1.1, r. 21) This link will open in a new window
     
  • CSA Staff Notice 45-308 (Revised) This link will open in a new window: Guidance for Preparing and Filing Reports of Exempt Distribution under Regulation 45-106 respecting Prospectus Exemptions
     
  • Report of Exempt Distribution templates on the AMF’s website This link will open in a new window
     
• January 30, 2017 is the filing deadline for all investment funds that file reports of exempt distribution annually. An investment fund’s filing deadline is now based on the calendar year-end, not its financial year-end.
   
  • Regulation 45-106 respecting Prospectus Exemptions (chapter V-1.1, r. 21) This link will open in a new window
     
  • CSA Staff Notice 45-308 (Revised) This link will open in a new window: Guidance for Preparing and Filing Reports of Exempt Distribution under Regulation 45-106 respecting Prospectus Exemptions
     

For further information, please contact the AMF Information Centre.

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