This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice (http://www2.deloitte.com/ca/en/legal/cookies.html) for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

81-107, Independent Review Committee for Investment Funds

Effective date:

November 1, 2006, ex­cept for sub­se­quent amend­ments

Published by CSA:

November 10, 2006

Overview 

This in­stru­ment requires every public investment fund to have a fully independent body, called an Independent Review Committee, whose role is to oversee all decisions involving an actual or perceived conflict of interest faced by the fund manager in the operation of the fund. The instrument sets out an independent oversight regime for all publicly offered investment funds that is intended to improve investment fund governance in Canada.

Recent developments

Date

Development

Comments

November 10, 2006

Issue of NI 81-107

NI 81-107, Independent Investment Review Committee for Investment Funds, issued. The instrument is effective November 10, 2006.

Note: The above summary of Recent Developments does not include consequential amendments made as the result of other projects.

For further details on the history of this Instrument, please refer to the OSC’s Web site.

Amendments under consideration

 

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.