May 2024
Securities Division
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Tel: (306)787-5645
Fax: (306)787-5899
Email: fcaa@gov.sk.ca
May 2024
Securities - Decision in the Matter of Bitbuy Technologies Inc.
May 30, 2024 - The Financial and Consumer Affairs Authority of Saskatchewan published a Decision in the Matter of Bitbuy Technologies Inc., exempting them from certain reporting requirements under the Local Trade Reporting Rules.
For more information contact:
Graham Purse
Financial and Consumer Affairs Authority
Legal Counsel, Securities Division
400-2365 Albert Street
Regina, SK, S4P 4K1
Bus: 306-787-5867
Fax: 306-787-5899
Email: graham.purse2@gov.sk.ca
Securities - Decision in the Matter of VirgoCX Inc.
May 30, 2024 - The Financial and Consumer Affairs Authority of Saskatchewan published a Decision in the Matter of VirgoCX Inc., exempting them from certain reporting requirements under the Local Trade Reporting Rules.
For more information contact:
Graham Purse
Financial and Consumer Affairs Authority
Legal Counsel, Securities Division
400-2365 Albert Street
Regina, SK, S4P 4K1
Bus: 306-787-5867
Fax: 306-787-5899
Email: graham.purse2@gov.sk.ca
Securities - Decision in the Matter of Refinitiv Transaction Services Limited
May 30, 2024 - The Financial and Consumer Affairs Authority of Saskatchewan published a Decision in the Matter of Refinitiv Transaction Services Limited, granting them an exemption from the Market Place Rules and an exemption from the requirement to be recognized as an exchange and derivative trading facility.
For more information contact:
Graham Purse
Financial and Consumer Affairs Authority
Legal Counsel, Securities Division
400-2365 Albert Street
Regina, SK, S4P 4K1
Bus: 306-787-5867
Fax: 306-787-5899
Email: graham.purse2@gov.sk.ca
Securities - Decision in the Matter of Refinitiv Transaction Services Pte. Ltd.
May 30, 2024 - The Financial and Consumer Affairs Authority of Saskatchewan published a Decision in the Matter of Refinitiv Transaction Services Pte. Ltd., granting them an exemption from the Marketplace Rules and an exemption from the requirement to be recognized as an exchange and as a derivative trading facility.
For more information contact:
Graham Purse
Financial and Consumer Affairs Authority
Legal Counsel, Securities Division
400-2365 Albert Street
Regina, SK, S4P 4K1
Bus: 306-787-5867
Fax: 306-787-5899
Email: graham.purse2@gov.sk.ca
Securities - CSA Notice and Request for Comment Proposed Amendments to Multilateral Instrument 25-102 Designated Benchmarks and Benchmark Administrators and Proposed Changes to Companion Policy 25-102 Designated Benchmarks and Benchmark Administrators
May 30, 2024 - The Financial and Consumer Affairs Authority of Saskatchewan is publishing the CSA Notice and Request for Comment Proposed Amendments to Multilateral Instrument 25-102 Designated Benchmarks and Benchmark Administrators and Proposed Changes to Companion Policy 25-102 Designated Benchmarks and Benchmark Administrators. The Proposed Amendments will revise the requirements in MI 25-102 for assurance reports (the Revised Assurance Report Requirements).
The Revised Assurance Report Requirements are intended to address technical issues encountered by accounting firms that were engaged to prepare assurance reports in 2022 for Refinitiv Benchmark Services (UK) Limited as the designated benchmark administrator of Canadian Dollar Offered Rate (CDOR) and the six Canadian banks that are benchmark contributors to CDOR.
- 25-102 MI CSA Notice with Annexes May 30, 2024
- Annex A - Proposed Amendments to MI 25-102 May 30, 2024
- Annex B - Proposed Changes to 25-102CP May 30, 2024
- Annex C - Background Information on Revised Assurance Report Requirements May 30, 2024
- Annex D - Background Information on Proposed Section 13.1 of MI 25-102 May 30, 2024
- Annex E - Specific Questions to the Authorities Relating to the Proposed Amendments May 30, 2024
For more information contact:
Graham Purse
Financial and Consumer Affairs Authority
Legal Counsel, Securities Division
400-2365 Albert Street
Regina, SK, S4P 4K1
Bus: 306-787-5867
Fax: 306-787-5899
Email: graham.purse2@gov.sk.ca
Securities – The Securities Commission (Adoption of National Instruments) (NI 24-101) Amendment Regulations, 2024
May 27, 2024 – Today the Financial and Consumer Affairs Authority of Saskatchewan is publishing The Securities Commission (Adoption of National Instruments) (NI 24-101) Amendment Regulations, 2024. The amendment regulation comes into force today.
For more information, contact:
Mobolanle Depo-Fajumo
Financial and Consumer Affairs Authority
Legal Counsel, Securities Division
400-2365 Albert Street
Regina, SK, S4P 4K1
Bus: 306-798-3381
Fax: 306-787-5899
Email: mobolanle.depofajumo2@gov.sk.ca
Securities – CSA Notice of Publication of Amendments to National Instrument 81-102 Investment Funds and Changes to Companion Policy 81-102CP to National Instrument 81-102 Investment Funds to Accommodate a Range of Settlement Cycles for Mutual Funds
May 23, 2024 – The FCAA is publishing CSA Notice of Publication of Amendments to National Instrument 81-102 Investment Funds and Changes to Companion Policy 81-102CP to National Instrument 81-102 Investment Funds to Accommodate a Range of Settlement Cycles for Mutual Funds.
- CSA Notice of Publication of Amendments to National Instrument 81-102 Investment Funds and Changes to Companion Policy 81-102CP to National Instrument 81-102 Investment Funds to Accommodate a Range of Settlement Cycles for Mutual Funds
- Annex A List of Commenters and Summary of Comments and CSA Responses
- Annex B Amendments to National Instrument 81-102 Investment Funds
- Annex C Changes to Companion Policy 81-102CP to National Instrument 81-102 Investment Funds
- Annex D Local Matters
For more information, contact:
Heather Kuchuran
Financial and Consumer Affairs Authority of Saskatchewan
Director, Corporate Finance, Securities Division
400-2365 Albert Street
Regina, SK, S4P 4K1
Bus: 306-787-1009
Fax: 306-787-5899
Email : heather.kuchuran@gov.sk.ca
Securities - Decision in the Matter of Bloomberg Tradebook Canada Company
May 22, 2024 - The Financial and Consumer Affairs Authority of Saskatchewan published a Decision in the Matter of Bloomberg Tradebook Canada Company, granting them an exemption s.12.2 of National Instrument 21-101 Marketplace Operation which requires that the Bloomberg Tradebook Canada Company annually engage a qualified party to conduct an independent systems review and prepare a report in accordance with established audit standards and best industry practices for the years 2024, 2025 and 2026, inclusive.
For more information contact:
Graham Purse
Financial and Consumer Affairs Authority
Legal Counsel, Securities Division
400-2365 Albert Street
Regina, SK, S4P 4K1
Bus: 306-787-5867
Fax: 306-787-5899
Email: graham.purse2@gov.sk.ca
Securities – Amendment of Saskatchewan Local Policy Statement 12-602 Procedure for Hearings and Reviews
May 16, 2024 - The Financial and Consumer Affairs Authority of Saskatchewan has approved an amendment to Saskatchewan Local Policy Statement 12-602 Procedure on Hearings and Reviews Before the Commission.
For more information contact:
Dean Murrison, Executive Director
Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
4th Floor, 2365 Albert Street
Regina, Saskatchewan S4P 4K1
Phone: (306) 787-5842
Fax: (306) 787-5899
Email: dean.murrison@gov.sk.ca
Securities - Decision in the Matter of Coinsquare Capital Markets Ltd.
May 7, 2024 - The Financial and Consumer Affairs Authority of Saskatchewan published a Decision in the Matter of Coinsquare Capital Markets Ltd., granting them relief from the requirement to engage one or more qualified external auditors to conduct an independent systems review and prepare a report in accordance with established audit standards and best industry practices and relief subject to systems reviews similar in scope to that which would have applied to an independent systems review.
For more information contact:
Graham Purse
Financial and Consumer Affairs Authority
Legal Counsel, Securities Division
400-2365 Albert Street
Regina, SK, S4P 4K1
Bus: 306-787-5867
Fax: 306-787-5899
Email: graham.purse2@gov.sk.ca
Securities - General Order 45-932 Authorizing Co-operatives to use National Instrument 45-110 Start-Up Crowdfunding Registration and Prospectus Exemption
May 1, 2024 - The Financial and Consumer Affairs Authority of Saskatchewan is publishing General Order 45-932 Authorizing Co-operatives to use National Instrument 45-110 Start-Up Crowdfunding Registration and Prospectus Exemption (GO 45-932). GO 45-932 permits co-operatives governed, incorporated, continued, or registered pursuant to The Co-operatives Act, 1996, to utilize National Instrument 45-110 Start-Up Crowdfunding Registration and Prospectus Exemptions (NI 45-110) pursuant to s. 160 of The Securities Act, 1988. This general order serves as an interim measure and is intended to remain in effect until NI 45-110 is amended to permit such use.
For more information, contact:
Graham Purse
Financial and Consumer Affairs Authority
Legal Counsel, Securities Division
400-2365 Albert Street
Regina, SK, S4P 4K1
Bus: 306-787-5867
Fax: 306-787-5899
Email: graham.purse2@gov.sk.ca
Securities - Amendment and Restatement of General Order 45-539 Small Business Financing
May 1, 2024 - The Financial and Consumer Affairs Authority of Saskatchewan is publishing the Amendment and Restatement of General Order 45-539 Small Business Financing (Amended GO 45-539). Amended GO 45-539 will now permit shares issued in the capital of co-operatives organized or continued pursuant to The Co-operatives Act, 1996, or The New Generation Co-operatives Act, 1999, to utilize the small business financing framework set out in General Order 45-539, which was originally issued on September 1, 2021.
For more information, contact:
Graham Purse
Financial and Consumer Affairs Authority
Legal Counsel, Securities Division
400-2365 Albert Street
Regina, SK, S4P 4K1
Bus: 306-787-5867
Fax: 306-787-5899
Email: graham.purse2@gov.sk.ca
Securities - Local Notice and Request for Comment - Proposed Amendments to National Instrument 45-110 Start-Up Crowdfunding Registration and Prospectus Exemptions
May 1, 2024 - The Financial and Consumer Affairs Authority of Saskatchewan today published Local Notice and Request for Comment - Proposed Amendments to National Instrument 45-110 Start-Up Crowdfunding Registration and Prospectus Exemptions.
- 45-110 Local Notice and Request for Comment May 1 2024
- Annex A - Proposed Amendments to NI 45-110
- Annex B - Local Matters
The comment period ends June 30, 2024.
For more information, contact:
Graham Purse
Financial and Consumer Affairs Authority
Legal Counsel, Securities Division
400-2365 Albert Street
Regina, SK, S4P 4K1
Bus: 306-787-5867
Fax: 306-787-5899
Email: graham.purse2@gov.sk.ca
Securities Division
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Tel: (306)787-5645
Fax: (306)787-5899
Email: fcaa@gov.sk.ca