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In 2010, a CSA consultation by several provincial securities regulators sought to improve the quality of corporate governance and disclosure in venture issuers. They drafted The Multilateral Consultation Paper 51-403 Tailoring Venture Issuer Regulation and asked market stakeholders, investors and associations for their feedback.
In its response, CPA Canada provided comments on a number of issues, including:
- periodic financial disclosure
- governance standards
- enhanced certifications
- governance disclosures
This document was originally prepared by a legacy CPA organization.