CSA Staff Notice and Consultation 11-348: Applicability of Canadian Securities Laws and the use of Artificial Intelligence Systems in Capital Markets (pdf - 596 KB)This link will open in a new windowUpdated on December 5, 2024CSA Staff Notice and Consultation 11-348 about the Applicability of Canadian Securities Laws and the use of Artificial Intelligence Systems in Capital Markets.

Comments received (comments are published in their original language)

• Borden Ladner Gervais | BLG (pdf - 104 KB)This link will open in a new windowUpdated on April 10, 2025CSA Staff Notice and Consultation 11-348: Applicability of Canadian Securities Laws and the use of Artificial Intelligence Systems in Capital Markets (Laura Levine, Melissa Ghislanzoni, Yemisi Afolabi)
• Canadian Advocacy Council of CFA Societies Canada (pdf - 486 KB)This link will open in a new windowUpdated on April 10, 2025CSA Staff Notice and Consultation 11-348: Applicability of Canadian Securities Laws and the use of Artificial Intelligence Systems in Capital Markets
• Canadian Bankers Association (pdf - 223 KB)This link will open in a new windowUpdated on April 10, 2025CSA Staff Notice and Consultation 11-348: Applicability of Canadian Securities Laws and the use of Artificial Intelligence Systems in Capital Markets
• Canadian Securities Exchange | CSE (pdf - 130 KB)This link will open in a new windowUpdated on April 10, 2025CSA Staff Notice and Consultation 11-348: Applicability of Canadian Securities Laws and the use of Artificial Intelligence Systems in Capital Markets (Tracy Stern)
• Canadian Independent Finance and Innovation Counsel Inc. | CIFIC (pdf - 201 KB)This link will open in a new windowUpdated on April 10, 2025CSA Staff Notice and Consultation 11-348: Applicability of Canadian Securities Laws and the use of Artificial Intelligence Systems in Capital Markets (Annie Sinigagliese)
• Fonds de solidarité des travailleurs et des travailleuses du Québec | FTQ (pdf - 242 KB)This link will open in a new windowUpdated on April 10, 2025Avis 11-348 du personnel des ACVM et de consultation : Applicabilité du droit canadien des valeurs mobilières à l’utilisation des systèmes d’intelligence artificielle dans les marchés des capitaux (Natalie Brown)
• Harvey S. Naglie (pdf - 86 KB)This link will open in a new windowUpdated on April 10, 2025CSA Staff Notice and Consultation 11-348: Applicability of Canadian Securities Laws and the use of Artificial Intelligence Systems in Capital Markets
• Invesco Canada Ltd. (pdf - 201 KB)This link will open in a new windowUpdated on April 10, 2025CSA Staff Notice and Consultation 11-348: Applicability of Canadian Securities Laws and the use of Artificial Intelligence Systems in Capital Markets (Shalomi Abraham)
• Investor Advisory Panel | IAP (pdf - 230 KB)This link will open in a new windowUpdated on April 10, 2025CSA Staff Notice and Consultation 11-348: Applicability of Canadian Securities Laws and the use of Artificial Intelligence Systems in Capital Markets (James Sinclair)
• Investment Industry Association of Canada | IIAC (pdf - 611 KB)This link will open in a new windowUpdated on April 10, 2025CSA Staff Notice and Consultation 11-348: Applicability of Canadian Securities Laws and the use of Artificial Intelligence Systems in Capital Markets
• KBRA (pdf - 94 KB)This link will open in a new windowUpdated on April 10, 2025KBRA letter of March 31, 2025 re. 11-348 - Applicability of Canadian Securities Laws and the use of Artificial Intelligence
• NorthstarDAO (pdf - 340 KB)This link will open in a new windowUpdated on April 10, 2025Wealthsimple-Blair Wiley (Randall Baran-Chong)
• Portfolio Management Association of Canada | PMAC (pdf - 180 KB)This link will open in a new windowUpdated on April 8, 2025PMAC-AGPC-K. Walmsley-W. M. Rudick (Katie Walmsley, Warren M. Rudick)
• Private Capital Markets Association of Canada | PCMA (pdf - 555 KB)This link will open in a new windowUpdated on April 10, 2025CSA Staff Notice and Consultation 11-348: Applicability of Canadian Securities Laws and the use of Artificial Intelligence Systems in Capital Markets (Brian Koscak, David Gilkes, Nadine Milne)
• Theta Lake (pdf - 154 KB)This link will open in a new windowUpdated on April 10, 2025CSA Staff Notice and Consultation 11-348: Applicability of Canadian Securities Laws and the use of Artificial Intelligence Systems in Capital Markets (Marc Gilman, Stacey English)
• University of Ottawa (Doug Sarro), University of Western Ontario (Martin Petrin) (pdf - 752 KB)This link will open in a new windowUpdated on April 10, 2025Avis 11-348 du personnel des ACVM et de consultation : Applicabilité du droit canadien des valeurs mobilières à l’utilisation des systèmes d’intelligence artificielle dans les marchés des capitaux
• Wealthsimple (pdf - 190 KB)This link will open in a new windowUpdated on April 10, 2025CSA Staff Notice and Consultation 11-348: Applicability of Canadian Securities Laws and the use of Artificial Intelligence Systems in Capital Markets (Blair Wiley)

• Regulatory Notice (pdf - 106 KB)This link will open in a new windowUpdated on January 23, 2025
• CSA Notice of consultation (pdf - 382 KB)This link will open in a new windowUpdated on January 23, 2025
• Regulation to amend Regulation 23-101 respecting Trading Rules (pdf - 107 KB)This link will open in a new windowUpdated on January 23, 2025
• Changes to Policy Statement to Regulation 23-101 (pdf - 133 KB)This link will open in a new windowUpdated on January 23, 2025

Comments received (comments are published in their original language)

• BMO (pdf - 206 KB)This link will open in a new windowUpdated on April 2, 2025 (Eric Stockland, Grant McLaughlin, Antonio Trillo)
• Canadian Independent Finance and Innovation Counsel Inc. | CIFIC (pdf - 234 KB)This link will open in a new windowUpdated on April 8, 2025Regulation to amend Regulation 23-101 respecting Trading Rules (Annie Sinigagliese)
• Investment Industry Association of Canada | IIAC (pdf - 1 MB)This link will open in a new windowUpdated on April 2, 2025Regulation to amend Regulation 23-101 respecting Trading Rules
• Scotiabank (pdf - 317 KB)This link will open in a new windowUpdated on April 10, 2025Regulation to amend Regulation 23-101 respecting Trading Rules (Alex Perel-Nitin Mathur)
• TMX (pdf - 374 KB)This link will open in a new windowUpdated on April 2, 2025Regulation to amend Regulation 23-101 respecting Trading Rules (Doug Clark)
• Tradelogiq Markets Inc. (pdf - 294 KB)This link will open in a new windowUpdated on April 10, 2025Regulation to amend Regulation 23-101 respecting Trading Rules (Jonathan Sylvestre)

• Regulatory Notice (pdf - 104 KB)This link will open in a new windowUpdated on November 21, 2024
• CSA Notice and Request for Comment (pdf - 348 KB)This link will open in a new windowUpdated on November 21, 2024
• Regulation to amend Regulation 13-102 respecting System Fees (pdf - 152 KB)This link will open in a new windowUpdated on November 21, 2024

Comments received (comments are published in their original language)

• Canadian Independant Finance and Innovation (CIFIC) (pdf - 190 KB)This link will open in a new windowUpdated on March 24, 2025Comments of Canadian Independent Finance and Innovation Counsel (CIFIC) to Amendments to Regulation 13-102 respecting System Fees. (Annie Sinigagliese)
• Fidelity Investment Canada ULC (pdf - 250 KB)This link will open in a new windowUpdated on March 24, 2025Comment of Fidelity Investment on Amendments to Regulation 13-102 respecting System Fees. (Robyn Mendelson)
• IGM Financial Inc. (pdf - 89 KB)This link will open in a new windowUpdated on March 24, 2025Comments of IGM Financial Inc on Amendments to Regulation 13-102 respecting System Fees. (Keith Potter)
• The Investment Funds Institute of Canada (IFIC) (pdf - 148 KB)This link will open in a new windowUpdated on March 24, 2025 (Andy Mitchell)

• Regulatory Notice (pdf - 111 KB)This link will open in a new windowUpdated on November 19, 2024Regulatory Notice for Draft Amendments and Draft Changes to Implement an Access Model for Certain Continuous Disclosure Documents of Non-Investment Fund Reporting Issuers.
• CSA Second Notice of Consultation (pdf - 389 KB)This link will open in a new windowUpdated on November 18, 2024CSA Second Notice of Consultation about Draft Amendments and Draft Changes to Implement an Access Model for Certain Continuous Disclosure Documents of Non-Investment Fund Reporting Issuers.: Draft Amendments and Draft Changes to Implement an Access Model for Certain Continuous Disclosure Documents of Non-Investment Fund Reporting Issuers
• Regulation to amend Regulation 51-102 respecting Continuous Disclosure Obligations (pdf - 157 KB)This link will open in a new windowUpdated on November 18, 2024Draft Regulation to amend Regulation 51-102 to Implement an Access Model for Certain Continuous Disclosure Documents of Non-Investment Fund Reporting Issuers.
• Amendments to Policy Statement to Regulation 51-102 (pdf - 143 KB)This link will open in a new windowUpdated on November 18, 2024Changes to Policy Statement to Regulation 51-102 to Implement an Access Model for Certain Continuous Disclosure Documents of Non-Investment Fund Reporting Issuers.
• Regulation to amend Regulation 54-101 respecting Communication with Beneficial Owners of Securities of a Reporting Issuer (pdf - 136 KB)This link will open in a new windowUpdated on November 18, 2024Draft Regulation to amend Regulation 54-101 to Implement an Access Model for Certain Continuous Disclosure Documents of Non-Investment Fund Reporting Issuers.
• Amendments to Policy Statement to Règlement 54-101 (pdf - 162 KB)This link will open in a new windowUpdated on November 18, 2024Draft Changes to Policy Statement to Regulation 54-101 to Implement an Access Model for Certain Continuous Disclosure Documents of Non-Investment Fund Reporting Issuers. 
   

Comments received (comments are published in their original language)

• Borden Ladner Gervais | BLG (pdf - 76 KB)This link will open in a new windowUpdated on February 21, 2025Regulation to amend Regulation 51-102 respecting Continuous Disclosure Obligations (Access Model for Certain Continuous Disclosure Documents) (Laura Levine & Yemisi Afolabi)
• Broadridge (pdf - 1 MB)This link will open in a new windowUpdated on February 21, 2025Regulation to amend Regulation 51-102 respecting Continuous Disclosure Obligations (Access Model for Certain Continuous Disclosure Documents) (Mike Donawitz & Robert Lombardo)
• Canadian Advocacy Council of CFA Societies Canada (pdf - 418 KB)This link will open in a new windowUpdated on February 14, 2025Regulation to amend Regulation 51-102 respecting Continuous Disclosure Obligations (Access Model for Certain Continuous Disclosure Documents)
• Canadian Bankers Association | CBA (pdf - 175 KB)This link will open in a new windowUpdated on January 10, 2025Regulation to amend Regulation 51-102 respecting Continuous Disclosure Obligations (Access Model for Certain Continuous Disclosure Documents)
• Canadian Coalition for Good Governance | CCGG (pdf - 889 KB)This link will open in a new windowUpdated on February 14, 2025Regulation to amend Regulation 51-102 respecting Continuous Disclosure Obligations (Access Model for Certain Continuous Disclosure Documents) (Amit Prakash)
• Canadian Foundation for the Advancement of Investor Rights | FAIR Canada (pdf - 158 KB)This link will open in a new windowUpdated on February 21, 2025Regulation to amend Regulation 51-102 respecting Continuous Disclosure Obligations (Access Model for Certain Continuous Disclosure Documents) (Jean-Paul Bureaud)
• Davies (pdf - 229 KB)This link will open in a new windowUpdated on February 21, 2025Regulation to amend Regulation 51-102 respecting Continuous Disclosure Obligations (Access Model for Certain Continuous Disclosure Documents) (David Wilson, Robert Murphy, Yevgeniya Huggins)
• Fidelity (pdf - 274 KB)This link will open in a new windowUpdated on February 21, 2025Regulation to amend Regulation 51-102 respecting Continuous Disclosure Obligations (Access Model for Certain Continuous Disclosure Documents) (Robyn Mendelson)
• Investment Industry Association of Canada | IIAC (pdf - 291 KB)This link will open in a new windowUpdated on February 21, 2025Regulation to amend Regulation 51-102 respecting Continuous Disclosure Obligations (Access Model for Certain Continuous Disclosure Documents)
• Investor Advisory Panel | IAP (pdf - 158 KB)This link will open in a new windowUpdated on February 14, 2025Regulation to amend Regulation 51-102 respecting Continuous Disclosure Obligations (Access Model for Certain Continuous Disclosure Documents) (James Sinclair)
• Mark J. Bentler (pdf - 193 KB)This link will open in a new windowUpdated on January 29, 2025Regulation to amend Regulation 51-102 respecting Continuous Disclosure Obligations (Access Model for Certain Continuous Disclosure Documents)
• OSLER Hoskin & Harcourt LLP (pdf - 256 KB)This link will open in a new windowUpdated on February 21, 2025Regulation to amend Regulation 51-102 respecting Continuous Disclosure Obligations (Access Model for Certain Continuous Disclosure Documents)
• Securities Transfer Association of Canada | STAC (pdf - 242 KB)This link will open in a new windowUpdated on February 21, 2025Regulation to amend Regulation 51-102 respecting Continuous Disclosure Obligations (Access Model for Certain Continuous Disclosure Documents) (Lara Donaldson)
• Stikeman Elliott (pdf - 329 KB)This link will open in a new windowUpdated on February 21, 2025Regulation to amend Regulation 51-102 respecting Continuous Disclosure Obligations (Access Model for Certain Continuous Disclosure Documents) (Tara Law, Jeff Hershenfield, Simon A. Romano, David Tardif)
• TMX (pdf - 682 KB)This link will open in a new windowUpdated on February 21, 2025Regulation to amend Regulation 51-102 respecting Continuous Disclosure Obligations (Access Model for Certain Continuous Disclosure Documents) (Loui Anastasopoulos)

Canadian securities regulators extend comment periods for the investment fund continuous disclosure modernization and principal distributor model proposals This link will open in a new window

• Regulatory Notice (pdf - 115 KB)This link will open in a new windowUpdated on September 19, 2024
• CSA Notice of Consultation (pdf - 383 KB)This link will open in a new windowUpdated on September 19, 2024
• Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure (pdf - 293 KB)This link will open in a new windowUpdated on September 19, 2024
• Amendments to Policy Statement to Regulation 81-106 respecting Investment Fund Continuous Disclosure (pdf - 354 KB)This link will open in a new windowUpdated on September 19, 2024
• Amendments to Policy Statement 11-207 respecting Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions (pdf - 169 KB)This link will open in a new windowUpdated on September 19, 2024Draft amendments to Policy Statement 11-207 relating to Modernization of the Continuous Disclosure Regime for Investment Funds.
• Amendments to Policy Statement 12-202 respecting Revocation of Certain Cease Trade Orders (pdf - 172 KB)This link will open in a new windowUpdated on September 19, 2024
• Amendments to Policy Statement 12-203 respecting Management Cease Trade Orders (pdf - 163 KB)This link will open in a new windowUpdated on September 19, 2024
• Regulation to amend Regulation 41-101 respecting General Prospectus Requirements (pdf - 198 KB)This link will open in a new windowUpdated on September 19, 2024
• Amendments to Policy Statement to Regulation 41-101 respecting General Prospectus Requirements (pdf - 162 KB)This link will open in a new windowUpdated on September 19, 2024
• Regulation to amend Regulation 44-101 respecting Short Form Prospectus Distributions (pdf - 137 KB)This link will open in a new windowUpdated on September 19, 2024
• Regulation to amend Regulation 81-101 respecting Mutual Fund Prospectus Disclosure (pdf - 160 KB)This link will open in a new windowUpdated on September 19, 2024
• Amendments to Policy Statement to Regulation 81-101 respecting Mutual Fund Prospectus Disclosure (pdf - 154 KB)This link will open in a new windowUpdated on September 19, 2024
• Regulation to amend Regulation 81-102 respecting Investment Funds (pdf - 170 KB)This link will open in a new windowUpdated on September 19, 2024
• Amendments to Policy Statement to Regulation 81-102 respecting Investment Funds (pdf - 144 KB)This link will open in a new windowUpdated on September 19, 2024
• Regulation to amend Regulation 81-107 respecting Independent Review Committee for Investment Funds (pdf - 194 KB)This link will open in a new windowUpdated on September 19, 2024
• Amendments to Policy Statement to Regulation 81-107 respecting Independent Review Committee for Investment Funds (pdf - 163 KB)This link will open in a new windowUpdated on September 19, 2024

Comments received (comments are published in their original language)

• Borden Ladner Gervais - BLG (pdf - 297 KB)This link will open in a new windowUpdated on February 10, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds
• Broadridge (pdf - 1 MB)This link will open in a new windowUpdated on February 10, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds (Mike Donowitz et Robert Lombardo)
• Brompton (Ann Wong) et Quadravest (Silvia Gomes) (pdf - 194 KB)This link will open in a new windowUpdated on February 10, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds
• Canada Life Investment Management (pdf - 285 KB)This link will open in a new windowUpdated on February 14, 2025/ Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds (Stephen Fiorelli)
• Canadian Advocacy Council of CFA Societies Canada (pdf - 456 KB)This link will open in a new windowUpdated on February 12, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds
• Canadian Association of Retired Persons - CARP (pdf - 606 KB)This link will open in a new windowUpdated on January 16, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds (Bill VanGorder)
• Canadian Bankers Association - CBA (pdf - 120 KB)This link will open in a new windowUpdated on February 10, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds
• Canadian Independent Finance and Innovation Counsel - CIFIC (pdf - 173 KB)This link will open in a new windowUpdated on January 30, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds (Annie Sinigagliese)
• Chartered Professional Accountants Canada - CPA Canada (pdf - 200 KB)This link will open in a new windowUpdated on February 10, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds (Rosemary McGuire)
• Desjardins (pdf - 335 KB)This link will open in a new windowUpdated on February 10, 2025: Projet de Règlement modifiant le Règlement 81-106 sur l’information continue des fonds d’investissement -Modernisation du régime d’information continue des fonds d’investissement (Giuseppina Marra)
• FAIR (pdf - 184 KB)This link will open in a new windowUpdated on January 30, 2025 (Jean-Paul Bureaud)
• Fidelity (pdf - 227 KB)This link will open in a new windowUpdated on February 10, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds (Kristian Adomait, Stefania Zilinskas)
• Franklin Templeton Investments corp. (pdf - 199 KB)This link will open in a new windowUpdated on February 10, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds (Brad Beuttenmiller)
• Harvey S. Naglie (pdf - 56 KB)This link will open in a new windowUpdated on January 17, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds
• Investment Funds Institute of Canada - IFIC (pdf - 514 KB)This link will open in a new windowUpdated on February 12, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds (Andy Mitchell) 
• IGM Financial Inc. (pdf - 196 KB)This link will open in a new windowUpdated on February 10, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds (Rhonda Golberg)
• Investment Industry Association of Canada - IIAC (pdf - 1 MB)This link will open in a new windowUpdated on February 10, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds 
• Investor Advisory Panel (pdf - 670 KB)This link will open in a new windowUpdated on February 10, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds - IAP (James Sinclair)
• Invesco (pdf - 306 KB)This link will open in a new windowUpdated on January 30, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds (Caroline Mingfok, Shalomi Abraham) 
• Kenmar Associates (pdf - 190 KB)This link will open in a new windowUpdated on January 30, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds (Ken Kivenko)
• Portfolio Management Association of Canada - PMAC (pdf - 273 KB)This link will open in a new windowUpdated on February 10, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds (Katie Walmsley, Warren M. Rudick)
• Prosper Canada (pdf - 156 KB)This link will open in a new windowUpdated on February 10, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds (Elizabeth Mulholland)
• Purpose (pdf - 496 KB)This link will open in a new windowUpdated on February 10, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds (Som Seif)
• Responsible Investment Association - RIA (pdf - 264 KB)This link will open in a new windowUpdated on February 10, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds (Patricia Fletcher)
• XBRL US (pdf - 858 KB)This link will open in a new windowUpdated on January 30, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds (Campbell Pryde)
• YTM Capital (pdf - 175 KB)This link will open in a new windowUpdated on January 30, 2025Draft Regulation to amend Regulation 81-106 respecting Investment Fund Continuous Disclosure - Modernization of the Continuous Disclosure Regime for Investment Funds (David Burbach)

• Regulatory Notice (pdf - 120 KB)This link will open in a new windowUpdated on August 1^st, 2024
• CSA Notice of Consultation (pdf - 262 KB)This link will open in a new windowUpdated on August 1^st, 2024
• Regulation to amend Regulation 41-101 respecting General Prospectus Requirements (pdf - 144 KB)This link will open in a new windowUpdated on August 1^st, 2024
• Regulation to amend Regulation 44-101 respecting Short Form Prospectus Distributions (pdf - 115 KB)This link will open in a new windowUpdated on August 1^st, 2024
• Amendments to Policy Statement to Regulation 44-101 respecting Short Form Prospectus Distributions (pdf - 127 KB)This link will open in a new windowUpdated on August 1^st, 2024
• Regulation to amend Regulation 45-106 respecting Prospectus Exemptions (pdf - 110 KB)This link will open in a new windowUpdated on August 1^st, 2024
• Regulation to amend Regulation 45-513 respecting Prospectus Exemption for Distribution to Existing Security Holders (pdf - 125 KB)This link will open in a new windowUpdated on August 1^st, 2024
• Regulation to amend National Policy 46-201: Escrow For Initial Public Offerings (pdf - 162 KB)This link will open in a new windowUpdated on August 1^st, 2024
• Regulation to amend Regulation 51-102 respecting Continuous Disclosure Obligations (pdf - 138 KB)This link will open in a new windowUpdated on August 1^st, 2024
• Regulation 51-105 respecting Issuers Quoted in the U.S. Over-the-Counter Markets (pdf - 128 KB)This link will open in a new windowUpdated on August 1^st, 2024
• Regulation 52-109 respecting Certification of Disclosure in Issuers’ Annual and Interim Filings (pdf - 158 KB)This link will open in a new windowUpdated on August 1^st, 2024
• Amendments to Policy Statement to Regulation 52-109 respecting Certification of Disclosure in Issuers' Annual and Interim Filings (pdf - 143 KB)This link will open in a new windowUpdated on August 1^st, 2024
• Regulation to amend Regulation 52-110 respecting Audit Committees (pdf - 156 KB)This link will open in a new windowUpdated on August 1^st, 2024
• Regulation to amend Regulation 58-101 respecting Disclosure of Corporate Governance Practices (pdf - 159 KB)This link will open in a new windowUpdated on August 1^st, 2024
• Regulation to amend Regulation 61-101 respecting Protection of Minority Security Holders in Special Transactions (pdf - 135 KB)This link will open in a new windowUpdated on August 1^st, 2024
• Regulation to amend Regulation 62-104 respecting Take-Over Bids and Issuer Bids (pdf - 111 KB)This link will open in a new windowUpdated on August 1^st, 2024
• Regulation to amend Regulation 71-102 respecting Continuous Disclosure and Other Exemptions Relating to Foreign Issuers (pdf - 127 KB)This link will open in a new windowUpdated on August 1^st, 2024
• Regulation to amend Regulation 81-101 respecting Mutual Fund Prospectus Disclosure (pdf - 127 KB)This link will open in a new windowUpdated on August 1^st, 2024.

• Regulatory Notice (pdf - 101 KB)This link will open in a new windowUpdated on May 30, 2024Regulatory Notice about Regulation to amend Regulation 25-102.
• CSA Notice of consultation (pdf - 312 KB)This link will open in a new windowUpdated on May 30, 2024CSA Notice of Consultation about Draft Regulation to amend Regulation 25-102.
• Regulation to amend Regulation 25-102 (pdf - 170 KB)This link will open in a new windowUpdated on May 30, 2024Draft Regulation to amend Regulation 25-102.
• Changes to Policy Statement to Regulation 25-102 (pdf - 190 KB)This link will open in a new windowUpdated on May 30, 2024Draft Changes to Policy Statement to Regulation 25-102

Comments received (comments are published in their original language)

• Candeal Benchmark Solutions (pdf - 283 KB)This link will open in a new windowUpdated on August 21, 2024 (Ruxandra Smith)

• Notice of consultation (pdf - 108 KB)This link will open in a new windowUpdated on July 18, 2024Notice of consultation relating to amendement to Securities Regulation.
• Regulation to amend Securities Regulation (pdf - 138 KB)This link will open in a new windowUpdated on July 18, 2024Draft amendments to Securities Regulation

• Regulatory and consultation Notice (pdf - 147 KB)This link will open in a new windowUpdated on May 23, 2024Notice of consultation concerning local amendments to Regulation 25-102 respecting Designated Benchmarks and Benchmark Administrators
• Regulation to amend Regulation 25-102 respecting Designated Benchmarks and Benchmark Administrators (pdf - 142 KB)This link will open in a new windowUpdated on May 23, 2024Draft local amendments to Regulation 25-102 respecting Designated Benchmarks and Benchmark Administrators.
• Amendments to Policy Statement to Regulation 25-102 respecting Designated Benchmarks and Benchmark Administrators (pdf - 205 KB)This link will open in a new windowUpdated on May 23, 2024Draft of local Amendments to Policy Statement to Regulation 25-102 respecting Designated Benchmarks and Benchmark Administrators

Anyone interested in participating in this consultation may do so in writing no later than Jun 14, 2024 by completing the on-line questionnaire or sending a submission or comment letter by using our on-line form or to [email protected]

Issues and Discussion Paper (pdf - 1 MB)This link will open in a new windowUpdated on February 8, 2024Since 2016, the AMF has undertaken various mission-aligned initiatives relating to the digital transformation of the financial sector to, in particular, anticipate regulatory and consumer protection issues. In November 2021, it made a clear statement of its interest in the responsible use of artificial intelligence (AI) by signing the Montréal Declaration for responsible AI development and by publishing the paper Artificial intelligence in finance – Recommendations for its responsible use (the 2021 Report), a report prepared at the AMF’s request by Algora Lab, an interdisciplinary lab of the University of Montréal and the Institut québécois d’intelligence artificielle (Mila). The 2021 Report sets out 10 recommendations to promote the responsible development of AI in finance: three directed toward the AMF and seven toward the industry.

If your are interested by participating in discussion tables or give your comments through an on-line meeting, consult the AI in the financial sector page.