The OSC has published decisions relating to certain relief from the CRM2 requirements that were to come into effect during 2015 and 2016. The relief is consistent with that set out in CSA Staff Notice 31-341 – Omnibus/Blanket Orders Exempting Registrants from Certain CRM2 Provisions of National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant
CRM2 extension
NI 31-103 Amendments – Client Relationship Model Phase 2 (CRM2)
By Garth Foster on
The OSC recently issued an e-mail blast to registrants advising them of certain CSA relief expected from the CRM2 requirements coming into effect later this year and in 2016. The OSC advised firms that permanent relief from certain CRM2 requirements is expected to be formally published by the CSA later this month. IIROC and the…