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.
View the continuous disclosure filing calendar, which shows due dates for annual and interim filing requirements.
- Related Documents
- Annual & Interim Reporting Requirements
- Timely Reporting
- Issuers in Default
- About SEDAR+
- Mining Issuers
Related Documents
- Frequently Asked Questions regarding National Instrument 51-102 - CSA Staff Notice 51-311
- Exemptions for foreign issuers in NI 71-102 and NI 71-102CP
- Rule related to accounting principles, auditing standards, and reporting currency in NI 52-107 and NI 52-107CP
- Continuous Disclosure Review of Smaller Issuers - CSA Staff Notice 51-316
Annual & 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]
- 52-112 - Non-GAAP and Other Financial Measures Disclosure [NI]
- 54-101 Communication with Beneficial Owners of Securities of a Reporting Issuer [NI], Companion Policy and associated forms
Please see our Forms page for applicable certificates
Timely Reporting
- National Policy 51-201 Disclosure Standards
- 51-101 Standards of Disclosure for Oil and Gas Activities [NI], Companion Policy, and associated forms
- 51-310 CSA Multilateral Staff Notice - Report on Staff's Continuous Disclosure Review of Income Trust Issuers [CSA Notice]
- 51-312 Harmonized Continuous Disclosure Review Program [CSA Staff Notice]
- 52-306 Non-GAAP Financial Measures [CSA Staff Notice]
Issuers in Default
The BCSC publishes a Reporting Issuers List. This list also shows when a company has not complied with their continuous disclosure reporting obligations. A company that has not complied with their continuous disclosure obligations may be cease traded without further notice.
About SEDAR+
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 BC Securities Commission.
- SEDAR+ website
- SEDAR+ Regulatory Fee Guide
- National Instrument 13-103
- Subscriber updates from SEDAR+
Mining Issuers
Mining issuers may wish to visit our Mining section.