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CPA Canada has responded to the Ontario Securities Commission (OSC) Staff Notice 11-784 Burden Reduction. Read our views on the OSC Staff Notice here.
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The OSC launched a consultation seeking suggestions on ways to further reduce unnecessary regulatory burden. Areas of focus include:
While we support efforts to improve administrative practices and address concerns of reporting issuers and registrants, we question undertaking a new and broad initiative such as this at this time. We refer to the OSC to our comment letter to the Canadian Securities Administrators (CSA) regarding CSA Consultation 51-404 Considerations for Reducing Regulatory Burden for Non-Investment Fund Reporting Issuers.
For more information, please contact Rosemary McGuire, director, Research, Guidance and Support.
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Financial sustainability and digital disruption are influencing the future of NFPs. Be equipped to lead through complex change by attending Canada’s premiere event for not-for-profit leaders.
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