Quebec Bourse plans to be an active participant in the consultation on reducing the regulatory burden for reporting issuers initiated by the CSA
(firmenpresse) - MONTREAL, QUEBEC -- (Marketwired) -- 04/06/17 -- Quebec Bourse Inc. welcomes the Canadian Securities Administrators'' (CSA) announcement of a public consultation aiming at reducing the regulatory burden for public companies without compromising investor protection or the efficiency of the capital markets. The initiative of the CSA corresponds directly with the mission and objectives of Quebec Bourse. The consultation will provide a unique opportunity for public companies and the members of the industry ecosystem to express themselves on crucial matters affecting them.
The results of a survey conducted by CROP on behalf of Quebec Bourse during the fall of 2015 confirmed that the regulatory burden and the high resulting compliance costs are major irritants for public companies and those wanting to become public. "We congratulate the AMF and the other Canadian Securities Authorities for initiating a reflection on this matter. The current situation is at a crucial point and the timing could not have been more opportune", said Louis Doyle, Executive Director of Quebec Bourse.
"Quebec Bourse will be actively involved in this consultation period and will ensure that the view point of Quebec public companies is heard and understood," concluded Louis Doyle.
About Quebec Bourse:
Quebec Bourse Inc. is an association grouping Quebec public companies and other stakeholders forming the public market ecosystem. Founded officially in 2016, Quebec Bourse counts 95 members. Established as the voice of Quebec''s public companies and their key representative in dealing with regulatory and government authorities, Quebec Bourse also aims among other things, to increase members'' visibility, to foster collaboration, networking and exchange of best practices among members.
Contacts:
Louis Doyle, Executive Director, Quebec Bourse
438.394.7328
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Datum: 06.04.2017 - 13:04 Uhr
Sprache: Deutsch
News-ID 1497292
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