Registration Reform

The Canadian Securities Administrators (CSA) implemented National Instrument 31-103 – Registration Requirements and Exemptions, at the end of September 2009.

NI 31-103 (the Rule) is a single national registration regime. The Rule is a comprehensive and far reaching rule affects every market participant in the Canadian capital markets.  There are new categories of registration, proficiency requirements, capital and insurance requirements, conduct rules, new forms, and new statutory exemptions. 

Registration Reform Readiness

Two of our Principals helped develop and write the new Rule and are intimately familiar with the requirements. We can help you with the transition to the new registration regime, including:

• Determining which categories of registration apply to your business
• Filing applications for new individual categories of registratin
• Assessing whether your staff meet new proficiency requirements
• Preparing and filing applications for exemptions
• Assessing whether your compliance and supervision systems meet the new requirements
• Developing and drafting new policiies and procedures manuals
• Providing diagnostic testing of your compliance system
• Providing training and education to registration, compliance and human resources personnel.