Top Stories Semi-Annual Reporting Has Arrived: The CSA Adopts Pilot for Eligible Venture Issuers In our previous Cassels Comments, Reporting Frequency: Change is Coming for Canada’s Capital Markets and Semi-Annual Reporting Moves from Concept to Pilot: What Venture Issuers Need to Know, we discussed that changes in reporting frequency appeared to be on the horizon. As of March 19, 2026, that transition is now complete; the Canadian Securities Administrators (CSA) has adopted a pilot project which permits eligible venture issuers to voluntarily adopt semi-annual financial reporting (the SAR Pilot) under Coordinated Blanket Order 51-933 – Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers (the Blanket Order). | View Original | Finding the Balance: How Canada Should Approach AI Regulation As artificial intelligence continues to transform industries and reshape daily life, Canada’s approach to AI governance has reached an inflection point. The federal government has recently undertaken public consultations and a "30-Day AI Sprint" to inform the development of a renewed national AI strategy. | View Original | SEC Exempts D&Os of Canadian Issuers from Section 16(a) Insider Reporting On March 5, 2026, the U.S. Securities and Exchange Commission (SEC) issued an order (the Order) granting directors and officers of certain foreign private issuers (FPIs) an exemption from the insider reporting requirements of Section 16(a) of the U.S. Securities Exchange Act of 1934 (Exchange Act). The Order provides relief to directors and officers of Canadian issuers who report their securities holdings on the System for Electronic Disclosure by Insiders (SEDI) pursuant to National Instrument 55-104 Insider Reporting Requirements and Exemptions (NI 55-104). | View Original |