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National Instrument 58-101 Disclosure of Corporate governance practices

Canada Current 2014

The amendments are intended to increase transparency for investors and other stakeholders regarding the representation of women on boards of directors and in senior management.

Issuer name

Canadian Securities Administrators

Issuer notes

Local Government

More information

The securities regulatory authorities in Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Québec and Saskatchewan (“participating jurisdictions”) announced today the final implementation of amendments to National Instrument 58-101 Disclosure of Corporate Governance Practices and Form 58-101F1 Corporate Governance Disclosure. Provided all necessary Ministerial approvals are obtained, these rule amendments will come into effect on December 31, 2014, in time for the 2015 proxy season. Transparency is intended to assist investors in making investment and voting decisions and will apply to all non-venture issuers reporting in the participating jurisdictions.

Organizations covered by the instrument

Large private and listed companies

Industry scope

All/none specified

ESG coverage- S (Social)

Employment Conditions, Policies and Practices

ESG coverage- G (Governance)

All

Status

Current

Country

Canada

Region

North America

Date of publication

2014

Issuer type

Financial Market Regulators

Reporting requirements

Public law and regulation

Mandatory or voluntary

Mandatory

The geographical scope

Sub-national

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