Continuous Disclosure Obligations
NI 51-102 Continuous Disclosure Obligations sets out the obligations of reporting issuers, other than investment funds, for financial statements, management’s discussion and analysis (MD&A), annual information forms (AIFs), business acquisition reports (BARs), material change reporting, information circulars, proxies and proxy solicitation, restricted share disclosure, and certain other continuous disclosure-related matters.
NI 52-107 Acceptable Accounting Principles and Auditing Standards sets out the accounting principles and auditing standards that apply to financial statements filed. NI 71-102 Continuous Disclosure and Other Exemptions Relating to Foreign Issuers provides exemptions from most continuous disclosure requirements and certain other requirements for certain foreign issuers.
Annual and Interim Reporting Requirements
- 12-203 Cease Trade Orders for Continuous Disclosure Defaults [NP]
- 51-312 Harmonized Continuous Disclosure Review Program [CSA Staff Notice]
- 52-108 - Auditor Oversight [NI]
- 52-306 Non-GAAP Financial Measures [CSA Staff Notice]
- 54-101 Communication with Beneficial Owners of Securities of a Reporting Issuer [NI], Companion Policy and associated forms
Frequently Asked Questions:
Issuers in default
The BCSC publishes a Defaulting Issuers list. These companies have not complied with their continuous disclosure reporting obligations and may be cease traded without further notice.
SEDAR is the System for Electronic Document Analysis and Retrieval, the electronic filing system for reporting issuers to file certain documents with the Canadian securities regulatory authorities, including the British Columbia Securities Commission. You can learn more about SEDAR and find tips for using it on our SEDAR page.
If you are a mining issuer, you may wish to refer to additional documents in our mining section.