Securities Law

BCN 2011/02 - Proposed National Instrument 25-101 Designated Rating Organizations, Related Policies and Consequential Amendments [BCN - Lapsed]

Published Date: 2011-03-18
Rescinded Date: 2012-04-20
Related Document(s):

Concurrently Published:

Substance and purpose of the proposed rule
The Canadian Securities Administrators (CSA) are republishing for comment proposed National Instrument 25-101 Designated Rating Organizations and its related forms.

The attached CSA notice describes what we and other members of the CSA are proposing. The proposed new rule is intended to implement an appropriate Canadian regulatory regime for credit rating organizations that is consistent with international standards and developments.

Related policies and consequential amendments
We are also republishing revised versions of:

  • Form 41-101F1 Information Required in a Prospectus
  • Form 41-101F2 Information Required in an Investment Fund Prospectus
  • Form 44-101F1 Short Form Prospectus
  • Form 51-102F2 Annual Information Form
  • National Policy 11-205 Process for Designation of Credit Rating Organizations in Multiple Jurisdictions
  • Multilateral Instrument 11-102 Passport System and its companion policy

The CSA notice describes where you can direct your comments relating to the proposal. We will consider all comments received by May 17, 2011.

You may refer questions to:

Nazma Lee
Senior Legal Counsel
Legal Services, Corporate Finance
British Columbia Securities Commission
(604) 899-6867 or (800) 373-6393 (toll free in Canada)

Christina Wolf
Chief Economist
British Columbia Securities Commission
(604) 899-6860 or (800) 373-6393 (toll free in Canada)

March 18, 2011


Brenda M. Leong


This Notice may refer to other documents. You can find these documents on the B.C. Securities Commission public website at in the Policies & Instruments or Historical Policies & Instruments sections of the website.