The Canadian Securities Administrators has launched a Web site to track the progress of what remains of the Ontario Securities Commission’s Fair Dealing Model, now known as the Registration Reform Project.

The Web site (www.rrp-info.ca/index.jsp) aims to allow market players to keep up to date on the project.

Current content includes ‘direction documents’ for the three SRO working groups that deal with account opening, performance reporting and transparency (of costs, conflicts and compensation).

Content will be added, as it becomes available. There will be a ‘Frequently Asked Questions’ feature on various elements of the project.

The site already offers a FAQ about the national registration system, various registration forms, and registration-related rules.

“The principal objective of the RRP is to create a flexible registration regime leading to administrative efficiencies and a reduced regulatory burden,” the CSA says.

“The RRP is consulting extensively with industry stakeholders on its objectives, which include developing registration categories and common proficiency and conduct requirements. Stakeholders will have the opportunity to participate in additional consultations to discuss other important registration issues as the project seeks to achieve its various objectives,” it says.

The project has a steering committee made up of three industry representatives, and representatives of the Investment Dealers Association, Mutual Fund Dealers Association and securities regulators in B.C., Alberta, Quebec and Ontario.