The British Columbia Securities Commission (BCSC) published proposed amendments (Proposed Amendments) to British Columbia Instrument 13-502 Electronic Filing of Reports of Exempt Distribution that would require investment fund issuers to use BCSC eServices when submitting Form 45-106F1s filed on an annual basis (currently these annual filings are submitted as paper filings to the BCSC). The Proposed Amendments would allow payments to be made through BCSC eServices or by cheque.
The Proposed Amendments will result in all non-reporting issuer investment funds to set up a profile in the BCSC eServices in advance of their initial Annual Form 45-106F1 filing in B.C.
The comment period is open until November 20, 2018.