The Canadian Securities Administrators (CSA) published yesterday CSA Consultation Paper 51-404 Considerations for reducing regulatory burden for non-investment fund reporting issuers.
Québec Bourse is pleased with the announcement. The CSA initiative falls directly within the mission and objectives of Québec Bourse.
The results of a survey carried by CROP on our behalf during the fall of 2015 confirmed that the regulatory burden and the high resulting complinace costs are major irritants for public companies and those wanting to become public.
Québec Bourse will be actively involved in this consultation and will ensure that the view point of Québec public companies is heard and understood.
To read the press release issued by Québec Bourse yesterday, Click here
To access the CSA Consultation Paper51-404, Click here