Weekly Reports
Updates for the week ending December 21, 2007
The list below will link directly to documents on the BCSC website. Please use your browser's BACK button to return to this page.
Policies and Instruments
- BCN 2007/40 - Adoption of Amendments to National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities, related Forms and Companion Policy
This BC notice announces the adoption of amendments to NI 51-101 Standards of Disclosure for Oil and Gas Activities and related documents. The advance notice of adoption (BCN 2007/30) was published October 12, 2007. - BCN 2007/41 - Adoption of amendments to National Instrument 51-102 Continuous Disclosure Obligations and related consequential amendments
This BC notice announces that that Commission has adopted amendments to National Instrument 51-102 Continuous Disclosure Obligations that, among other things, removes the requirement for significant shareholders to disclose cease trade orders and similar orders issued against companies they were involved with, as well as making other clarifying changes to the CD rule. The Commission is also adopting other related consequential amendments that are described in the notice. - BCN 2007/42 - Adoption of forward looking information related amendments to National Instrument 51-102 Continuous Disclosure Obligations and related consequential amendments
This BC notice announces that the Commission has adopted amendments to National Instrument 51-102 Continuous Disclosure Obligations that will impose new requirements on reporting issuers who issue forward looking information. The Commission has also adopted a number of other related consequential amendments to other instruments and forms, including the offering memoranda forms. - BCN 2007/43 - Advance Notice of National Instrument 41-101 General Prospectus Requirements, Related Instruments and Consequential Amendments
This BC Notice announces the expected implementation of National Instrument 41-101 General Prospectus Requirements, its related forms and companion policy, effective March 17, 2008. The advance notice also announces consequential amendments to a number of other national and local instruments and policies, including the Securities Rules.
The instrument and the consequential amendments, combined with amendments to the Securities Act that were passed in Bill 20 - 2006 Securities Amendment Act, 2006, establish a new general prospectus requirement regime which is harmonized on a national basis. It consolidates existing local and national rules, forms, policies and notices related to prospectus issues for all issuers, including investment funds not subject to National Instrument 81-101 Mutual Fund Prospectus Disclosure. The new regime also harmonizes the general prospectus disclosure requirements with the short form prospectus system and continuous disclosure requirements.
News and Events
- News Release 2007/79 - B.C man misrepresented telecom investment and committed fraud
- News Release 2007/80 - Canadian Securities Administrators Issue Update on Actions Related to Global Credit and Liquidity Issues [CSA]
- News Release 2007/81 - Ian Thow fined $6 million and banned from B.C.'s capital markets for life
Decisions, Settlements, Hearings, and Temporary Orders
- Michael Savage - Findings
- Northern Continental Resources Inc. , et al. - Hearing notice - application
- Hypo Alpe-Adria-Bank , et al. - Amended Notice of Hearing
Cease Trade Orders and Revocations
- Guest-Tek Interactive Entertainment Ltd. - Revocation Order
- Delta Systems, Inc. - Cease Trade Order
- AldeaVision Solutions Inc. - Cease Trade Order
- TVI Pacific Inc. - Revocation Order
- AVC Venture Capital Corp. - Revocation Order
- Gulfside Minerals Ltd. - Cease Trade Order
- Surrey And Kamloops Territory License Inc. - Cease Trade Order
- New World Lenders Corp. - Cease Trade Order
- Luxell Technologies Inc. - Cease Trade Order
- Cityzen Properties Limited Partnership - Cease Trade Order
- IGW Real Estate Investment Trust - Cease Trade Order
- IGW Properties Limited Partnership I - Cease Trade Order
Search for cease trade orders and revocations using Canadian Securities Administrators National CTO database
Exemptions and MRRS Orders
- Matco Financial Inc. - MRRS
- Cangold Limited - Exemption Order
- diversiCAPITAL Global Dividend Split Corp. - MRRS
- Sun Life Financial Inc., et al. - MRRS
- Lincoln Gold Corporation - Designation Order
- Ethical Funds Inc. , et al. - MRRS
- Vaaldiam Resources Ltd. - MRRS
- Canadian Apartment Properties Real Estate Investment Trust - MRRS
- Deutsche Asset Management Canada Limited (DAMC) - MRRS