Learn more about what the ASC is doing to support market participants and investors.
Jul 06, 2021
Montreal – The Canadian Securities Administrators (CSA) today released its second interim report summarizing progress on initiatives published in its CSA 2019-2022 Business Plan, highlighting notable accomplishments outside of the current Business Plan, and outlining upcoming priority policy work for the next year.
“Throughout the pandemic, the CSA maintained a steady pace of activity to meet the priorities set in its Business Plan, while also addressing new and unexpected challenges posed by changing capital market conditions,” remarked Louis Morisset, Chair of the CSA and President and CEO of the Autorité des marchés financiers. “In these uncertain times, our accomplishments show the value of the CSA model, which is based on collaboration, transparency and a proactive approach.”
Key initiatives carried out in the second year of the Business Plan include:
While the initiatives of the Business Plan remain fundamental to CSA members’ work, the CSA is always ready to address new issues and challenges presented by evolving capital market conditions. In 2021, the CSA has undertaken several additional initiatives outside its Business Plan. Some significant accomplishments include:
The report also outlines the policy initiatives for the next year to give market participants additional time to prepare for upcoming regulatory changes and consultations.
CSA members continue to work cooperatively on these strategic initiatives and other issues that affect Canada’s capital markets, while maintaining and allowing for regional flexibility and innovation. This approach seeks to deliver a thoughtful and favourable outcome for all Canadians that ultimately results in harmonized recommendations
You may view the full interim report for 2021 here.
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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