Consultations revealed concerns among market players, regulators
Proposal includes plain language plan summary
Change in accounting standards could make it more difficult to compare financial results
Periodic reports enhance investor protection
Companies will need to provide more information about their transition plans
New regime consolidates the main requirements and exemptions in a single national instrument, except in Ontario
Comments from stakeholders due March 19
Regulator plans to conduct compliance review of corporate governance disclosure
Rules designed to improve corporate disclosure regarding risk, compensation and corporate governance matters
Protecting retail investors should be regulator’s top priority, Shapiro says