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Canadian proposal regarding the registration of "international" and domestic investment fund managers

  • Stikeman Elliott LLP
  • -
  • Canada
  • -
  • October 29 2010

On October 15, 2010 the Canadian Securities Administrators (CSA) published proposed amendments to National Instrument 31-103 - Registration Requirements and Exemptions (NI 31-103) related to the registration of (i) investment fund managers who carry out investment fund management activities from a location outside of Canada (International IFMs), and (ii) domestic Canadian investment fund managers with a head office in one Canadian province or territory and who carry out investment fund management activities in other provinces or territories (Domestic IFMs