Submissions to government

August 1st, 2019

PMAC submission on OPC Consultation on Transborder Dataflows

PMAC’s mission statement is “advancing standards” and we are consistently supportive of measures that improve standards for the benefit of investors (the clients of asset managers). PMAC and its members care deeply about the protection and proper use of investors’ … Continue reading

July 31st, 2019

PMAC submission on MFDA Consultation on Limited Discretionary Trading

PMAC supports regulatory flexibility and burden reduction that enables improved service, innovation, or a reduction in costs borne by investors. We understand that the MFDA is seeking to permit its Members to rebalance model portfolios in a time and cost-effective … Continue reading

July 30th, 2019

PMAC submission on CSA National Systems Renewal and System Fee

The Portfolio Management Association of Canada (PMAC), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to submit the following comments regarding CSA Notice and Request for Comment – Proposed National Systems Renewal Program Rule and … Continue reading

May 27th, 2019

PMAC submission on OSC Notice 11-785 Statement of Priorities for Financial Year to End March 31, 2020

The Portfolio Management Association of Canada (PMAC), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to submit the following comments regarding OSC Notice 11-785 Statement of Priorities – Request for Comments Regarding Statement of Priorities … Continue reading

May 15th, 2019

PMAC submission on Communication of Key Audit Matters in the Auditor’s Report

BACKGROUND  The Portfolio Management Association of Canada (PMAC), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to submit the following comments regarding the proposed revisions to Canadian Audit Standard 700, Forming an Opinion and Reporting … Continue reading

March 1st, 2019

PMAC Submission on OSC Internal Taskforce on Regulatory Burden Reduction

The Portfolio Management Association of Canada (PMAC), through its Industry, Regulation & Tax Committee, is making this submission to the Ontario Securities Commission (OSC) to assist in the formulation of priorities for the OSC’s regulatory burden reduction taskforce. On behalf … Continue reading

January 28th, 2019

PMAC submission on BC Defined Benefit Pension Plan Solvency Funding Framework Review

The Portfolio Management Association of Canada (PMAC), through its Industry, Regulation & Tax Committee’s sub-committee on pensions, is pleased to have the opportunity to participate in the Ministry of Finance’s (Ministry) consultation with respect to “A Review of the Solvency … Continue reading

December 21st, 2018

PMAC submission on OSC Internal Taskforce on Regulatory Burden Reduction

The Portfolio Management Association of Canada (PMAC), through its Industry, Regulation & Tax Committee, is making this submission to the Ontario Securities Commission (OSC) to assist in the formulation of priorities for the OSC’s regulatory burden reduction taskforce. On behalf … Continue reading

December 13th, 2018

PMAC submission on CSA Notice and Request for Comment: Proposed Amendments to NI 81-105 – Mutual Fund Sales Practices and Related Consequential Amendments

Overview and background The Portfolio Management Association of Canada (PMAC), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to provide comments on the Canadian Securities Administrators’ (CSA) notice and request for comment on proposed amendments … Continue reading

November 29th, 2018

PMAC submission on Rules for Defined Benefit Pension Plans: Description of New Funding Rules

The Portfolio Management Association of Canada (“PMAC“), through its Industry, Regulation & Tax Committee, is writing to comment on an issue of impact to member firms arising out of the province of Ontario’s 2018 finalization of legislation and regulations regarding … Continue reading

October 19th, 2018

PMAC response to CSA Notice and Request for Comment – Proposed Amendments to National Instrument 31-103 – Client Focused Reforms

Overview The Portfolio Management Association of Canada (PMAC), through its Industry, Regulation & Tax Committee, is pleased to provide comments on the Canadian Securities Administrators’ (CSA) notice and request for comment on proposed amendments to National Instrument 31-103 – Registration … Continue reading

September 17th, 2018

PMAC response to CSA Notice and Request for Comment – Proposed National Instrument 93-102 – Derivatives: Registration and Proposed Companion Policy 93-102 – Derivatives: Registration

Overview The Portfolio Management Association of Canada (PMAC), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to provide comments on Proposed National Instrument 93-102 – Derivatives: Registration and Proposed Companion Policy 93-102 – Derivatives: Registration … Continue reading