81-107 – Independent Review Committee for Investment Funds (National Instrument)

81-107 – Independent Review Committee for Investment Funds (National Instrument)

• Independent Review Committee for Investment Funds

  Effective Date: November 1, 2006. Consolidated to September 28, 2009.

  Requires investment funds to have an independent review committee that decide matters relating to conflicts of interest that the fund manager refers to them.

  81_107_ni_september_28_2009.pdf
• Amendments to National Instrument 81-107

  Effective Date:  April 22, 2026, subject to ministerial approval.

  The purpose of the Amendments are to modernize the continuous disclosure regime for investment funds, with the aim to improve the quality of disclosure provided to investors and reduce the unnecessary regulatory burden of certain current investment fund continuous disclosure requirements under securities legislation.

  Further details can be found in the CSA Notice of Publication.

  amendments_to_81_107_ni_april_22_2026.pdf
• Amendments to Policy Statement to Regulation 81-107

  Effective Date: Subject to Ministerial approval – June 9, 2023.

  81_107_psr_amendments_2023_03_23.pdf
• Amendments to National Instrument Commentary 81-107

  Effective Date: Subject to Ministerial approval – June 9, 2023.

  81_107_ni_commentary_amendments_2023_03_23.pdf
• The Securities Commission (Adoption of National Instruments) (NI 13-101, NI 41-101, NI 81-101, NI 81-102, NI 81-106, NI 81-107 and MI 13-102) Amendment Regulations, 2022

  Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.

  2_2022_sr_filed_13_101_ni_et_al_ar_02_08_22.pdf
• The Securities Commission (Adoption of National Instruments) (NI 31-103, NI 41-101, NI 45-106, NI 81-101, NI 81-102, NI 81-106, and NI 81-107) Amendment Regulations, 2022

  Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.

  1_2022_sr_filed_31_103_ni_et_al_ar_02_08_22.pdf
• Amendments to National Instrument 81-107

  Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.

  81_107_ni_amendments_5_october_7_2021.pdf
• Amendments to National Instrument 81-107

  Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.

  81_107_ni_amendments_2_october_7_2021.pdf
• Amendments to National Instrument NI 81-107

  Effective Date:  January 3, 2019.

  81_107_ni_january_3_2019.pdf
• Amendments to National Instrument NI 81-107

  Effective Date: September 22, 2014, subject to Ministerial Approval.

  81_107_ni_june_19_2014.pdf
• Amendments to Commentary in National Instrument 81-107

  Effective Date:  April 22, 2026, subject to ministerial approval.

  The purpose of the Amendments are to modernize the continuous disclosure regime for investment funds, with the aim to improve the quality of disclosure provided to investors and reduce the unnecessary regulatory burden of certain current investment fund continuous disclosure requirements under securities legislation.

  Further details can be found in the CSA Notice of Publication.

  changes_to_81_107_commentary_april_22_2026.pdf
• Amendments to Commentary in National Instrument 81-107

  Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.

  81_107_ni_commentary_amendments_5_october_7_2021.pdf
• Amendments to Commentary in National Instrument 81-107

  Effective Date: January 5, 2022. In Saskatchewan: February 8, 2022.

  81_107_ni_commentary_amendments_2_october_7_2021.pdf
• Changes to Commentary in NI 81-107

  Effective Date: September 22, 2014, subject to Ministerial Approval.

  81_107_ni_commentary_june_19_2014.pdf