Canada: New Corporate Governance Disclosure Rules Finalized

Canadian securities regulators have finalized both their disclosure rule requiring reporting issuers to describe certain aspects of their corporate governance practices and their policy setting out corporate governance guidelines that reflect best practices. The two instruments are known as National Instrument 58-101 Disclosure of Corporate Governance Practices (the "Rule") and National Policy 58-201 Corporate Governance Guidelines (the "Policy"), which are collectively referred to below as the "New Initiatives".

See full Article.