Canadian securities administrators provide update on syndicated mortgage regime
Toronto – In light of COVID-19, the
Canadian Securities Administrators (CSA) is adjusting the timeline to implement
changes that will harmonize the regulation of syndicated mortgages across
Canada.
In December 2019, the CSA published an update on its next steps related to syndicated mortgages, including an anticipated timeline and effective date. The CSA now anticipate the amendments will take effect January 1, 2021, subject to requisite approvals.
Additional details will be communicated later this year.
The CSA, the council of the securities regulators of Canada’s provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.
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For Investor inquiries, please refer to your respective securities regulator. You can contact them here.
For media inquiries, please refer to the list of provincial and territorial representatives below or contact us at media@acvm-csa.ca.
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For more information:
Kristen Rose |
Brian Kladko |
Hilary McMeekin Alberta Securities Commission 403-592-8186 |
Sylvain Théberge |
Jason (Jay) Booth |
Sara Wilson |
David C. Harrison |
Steve Dowling |
Renée Dyer |
Rhonda Horte |
Jeff Mason |
Tom Hall |
Shannon McMillan |
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