Published on March 23 by the Canadian Securities Administrators (CSA), National Instrument 13-103 System for Electronic Data Analysis and Retrieval + (SEDAR+) (NI 13-103) and Companion Policy 13-103 System for Electronic Data Analysis and Retrieval + (SEDAR+) (CP 13-103) sets out the requirements for the filing of document through SEDAR +.

NI 13-103 amends certain existing instruments and policies notably pertaining to some of following:

• Transmission of documents through SEDAR+

• Transmission of documents outside of SEDAR+

• Filing of a profile by transmitting through SEDAR+ ( for a person or company transmitting a document through SEDAR+ for the first time)

• Payment of the prescribed fees for filing a document

• Temporary hardship exemption (in case of technical difficulties preventing a person or company from transmitting a document through SEDAR+ within the time required or permitted under securities legislation, delivery of the document should be done no later than 2 business days after the date on or by which the person or company was required or permitted to file or deliver the document).

CP 13-103 provides guidance on certain provisions of NI 13-103, including guidance on a number of system-related matters, determining jurisdiction for the payment of system fees, and the public accessibility of documents in SEDAR+.

As a consequence of these changes, the CSA repealed National Instrument 13-101 System for Electronic Document Analysis and Retrieval.

As a consequence of these changes, the CSA repealed National Instrument 13-101 System for Electronic Document Analysis and Retrieval. As part of the data transition to SEDAR+, the system will not be available for filing during the “cutover period” beginning June 9 and ending the earlier of the date on which SEDAR+ becomes available for filing and June 16, persons or companies.

During the “cutover period”, a person or company is exempt from the requirement to “file the document with, or deliver the document to, the securities regulatory authority or regulator under securities regulation”. However, the person or company must file or deliver the document through SEDAR+ no later than 2 business days after the cutover end date. More details on the CSA, OSC and AMF websites.

As previously mentioned in our previous update, SEDAR + will go live on June 13, 2023.