IR Leader
September 01, 2020

Top Stories

Increased Significant Acquisition Threshold and Two-Trigger Test Reduce Regulatory Burden for Reporting Issuers

Amendments to significant acquisition rules in National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102) should result in fewer "significant acquisitions" and ultimately a reduction in business acquisition reports and other disclosure being filed by Canadian reporting issuers.

| View Original |

Corporate Sustainability Reporting - Frameworks, Standards, Guidance - Summer 2020 Update

Have you heard? Despite the global crises, corporate ESG/sustainability reporting momentum continues to build - here are some updates for you focused on corporate ESG reporting frameworks and standards.

| View Original |

Canadian Securities Regulators Relax Financial Tests for Significant Acquisition Reporting

On August 20, Canadian Securities Administrators (CSA) adopted amendments to National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102) that narrow the circumstances under which reporting issuers are required to prepare and file business acquisition reports. These amendments are part of the CSA's broader efforts to reduce regulatory burdens on reporting issuers without compromising investor protection, and will become effective on November 18.

| View Original |

Canadian Securities Regulators Reduce Regulatory Burden Related to Business Acquisition Reports

The Canadian Securities Administrators (CSA) today published amendments to the business acquisition report (BAR) requirements for reporting issuers that are not venture issuers.

| View Original |

Academics Attack ESG for Failure to Outperform During Crisis

A new study refutes “widespread claims” that environmental, social, and governance considerations improved stock performance during the pandemic.

| View Original |

SEC Finalizes Amendments to Proxy Rules Applying to Proxy Advisory Firms

Last month, the U.S. Securities and Exchange Commission (the SEC) issued final amendments to its proxy rules to regulate certain activities of proxy voting advice businesses. The final rules follow proposed amendments issued by the SEC in December 2019, which were described in our Osler Update "SEC proposes amendments to proxy rules applying to proxy advisory firms." Generally, the final rules are less prescriptive and more principles-based than those proposed in December 2019 (the 2019 Proposed Rules).

| View Original |