CIRI Issues Advocacy: Submission on Proposed Amendments to NI 51-102 Continuous Disclosure Obligations and Framework for Semi-Annual Reporting
We expressed our support for the amendments proposed by the CSA to reduce regulatory burden which would eliminate duplicative, overlapping and redundant disclosure requirements; consolidate disclosure requirements; and clarify disclosure requirements.
While we are supportive of the option for venture issuers to report semi-annually, we believe that all issuers should have the opportunity to choose whether semi-annual reporting is appropriate for them.
Ultimately, CIRI believes that the emphasis should be on quality of reporting, not the quantity, and that good disclosure without duplication can contribute to efficient and transparent capital markets.
To read the full submission, click here.