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Comment letter deadline on CSA Consultation Paper 52-404, Approach to Director and Audit Committee Member Independence

When Jan 25, 2018
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On October 26, 2017, the Canadian Securities Administrators (CSA) published for comment CSA Consultation Paper 52-404 "Approach to Director and Audit Committee Member Independence", which is intended to facilitate a broad discussion on the appropriateness of the CSA’s approach to determining director and audit committee member independence.

The Consultation Paper outlines key historical developments related to the CSA’s corporate governance regime, sets out our approach to determining director and audit committee member independence, and describes the approaches to determining independence in other jurisdictions. The Consultation Paper also examines the benefits and limitations of our approach.

Comments should be submitted in writing by January 25, 2018.

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