Securities Law

BCN 2003/07 - Notice of Adoption of Multilateral Instrument 33-109 Registration Information and Multilateral Instrument 31-102 National Registration Database [BCN - Rescinded]

Published Date: 2003-02-07
Effective Date: 2003-02-07
Related Document(s):

Effective February 21, 2003, the Commission and the other members of the Canadian Securities Administrators, except Québec, (the CSA or we) will adopt Multilateral Instrument 33-109 Registration Information.

Effective March 31, 2003, we will also adopt Multilateral Instrument 31-102 National Registration Database.

Substance and Purpose
MI 33-109 will mandate:

  • the information persons applying for registration in one or more CSA jurisdictions must submit; and
  • the information registered persons must submit to maintain their registration.

MI 31-102 will mandate the use of NRD to submit certain registration information required by MI 33-109. It also regulates the transition from the paper filing system to NRD’s electronic filing system.

The related companion policies, Companion Policy 33-109CP and Companion Policy 31-102CP, describe the CSA’s views for interpreting and applying MI 33-109 and MI 31-102.

The text of each rule (BC Reg. 38/2003 and BC Reg. 37/2003) is attached.

Consequential amendments
We made consequential amendments to the Securities Rules and the Registration Transfer Rules to ensure consistency with the rules. The text of the amendments (BC Reg. 40/2003 and BC Reg. 39/2003) is attached.

Prior publications
We published for comment previous versions of MI 33-109 and MI 31-102 in December 2001 (BCN 2001/82 and BCN 2001/81) and June 2002 (BCN 2002/22 and BCN 2002/21). The comments and CSA responses for the June 2002 publication are attached.

Questions
Questions may be referred to:

Anthony Wong
Senior Legal Counsel
Legal and Market Initiatives
British Columbia Securities Commission
(604) 899-6777
or 1-800-373-6393 (in B.C. and Alberta)
awong@bcsc.bc.ca


February 7, 2003

 

Brent W. Aitken
Vice Chair

Ref:  MI 33-109
 MI 33-109CP
 MI 31-102
 MI 31-102CP
 BCN 2001/81
 BCN 2001/82
 BCN 2002/21
 BCN 2002/22

This Notice may refer to other documents.  These documents can be found at the B.C. Securities Commission public website at www.bcsc.bc.ca in the Commission Documents database or the Historical Documents database.