News Release
Canadian securities regulators remind issuers of importance of disclosure in financial reporting
May 29, 2020
“It is extremely important that reporting issuers provide investors with meaningful and transparent financial information about how the global pandemic is impacting their financial situation,” said Louis Morisset, CSA Chair and President and CEO of the Autorité des marchés financiers. “It is critical investors have the necessary information they need in order to make informed investing decisions.”
The CSA encourages issuers to visit the CSA COVID-19 Information Hub for further guidance and information, including COVID-19: Continuous Disclosure Obligations and Considerations for Issuers that discusses a number of important issues, and to consider this information when preparing financial reports and other disclosure documents.
Earlier today, the International Organization of Securities Commissions (IOSCO) issued IOSCO Statement on Importance of Disclosure about COVID-19 to highlight financial reporting issues that should be considered by reporting issuers in order to provide investors with relevant and reliable information in their financial reports and related disclosure documents. The CSA supports the IOSCO Statement.
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
Kristen Rose
Ontario Securities Commission
416-593-2336
media_inquiries@osc.gov.on.ca
Sylvain Théberge
Autorité des marchés financiers
sylvain.theberge@lautorite.qc.ca
Brian Kladko
British Columbia Securities Commission
mediainquiries@bcsc.bc.ca
Sara Wilson
Financial and Consumer Services Commission, New Brunswick
506-643-7045
Renée Dyer
Office of the Superintendent of Securities
Newfoundland and Labrador
709-729-4909
Jeff Mason
Nunavut Securities Office
867-975-6591
Shannon McMillan
Financial and Consumer Affairs Authority of Saskatchewan
306-798-4160
Hilary McMeekin
Alberta Securities Commission
403-592-8186
Jason Booth
The Manitoba Securities Commission
204-945-1660
Steven Dowling
Government of Prince Edward Island
Superintendent of Securities
902-368-4550
David Harrison
Nova Scotia Securities Commission
902-424-8586
Rhonda Horte
Office of the Yukon Superintendent of Securities
867-667-5466
Tom Hall
Office of the Superintendent of Securities,
Northwest Territories
867-767-9305