Industry







NOTICE OF COMMISSION DEEMED APPROVAL

INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA (IIROC)

HOUSEKEEPING AMENDMENTS TO FORM 1 TO ADOPT IFRS FOR LEASES

 

The Ontario Securities Commission did not object to the classification of IIROC’s proposed housekeeping amendments to Form 1 to reflect the adoption of International Financial Reporting Standard 16 Leases. As a result, the proposed housekeeping amendments are deemed to be approved. The effective dates are outlined in IIROC’s Notice of Approval/Implementation.

In addition, the Alberta Securities Commission, the Autorité des marchés financiers, the British Columbia Securities Commission, the Financial and Consumer Affairs Authority of Saskatchewan, the Financial and Consumer Services Commission of New Brunswick, the Manitoba Securities Commission, the Northwest Territories Office of the Superintendent of Securities, the Nova Scotia Securities Commission, the Nunavut Securities Office, the Office of the Superintendent of Securities, Service Newfoundland and Labrador, the Office of the Yukon Superintendent of Securities, and the Prince Edward Island Office of the Superintendent of Securities did not object to the amendments.

A copy of IIROC’s Notice of Approval/Implementation and the text of the approved amendments can be found at www.osc.gov.on.ca.