Amendment of Agreement among Certain Provincial Securities Regulators in respect of the Ownership and Licensing of the Intellectual Property comprising the System for Electronic Document Analysis and Retrieval (SEDAR), the System for Electronic Disclosure by Insiders (SEDI), and the National Registration Database (NRD) (CSA National Systems) to Extend Scope to New CSA National Systems
AMENDMENT OF AGREEMENT AMONG CERTAIN PROVINCIAL SECURITIES REGULATORS IN RESPECT OF THE OWNERSHIP AND LICENSING OF THE INTELLECTUAL PROPERTY COMPRISING THE SYSTEM FOR ELECTRONIC DOCUMENT ANALYSIS AND RETRIEVAL (SEDAR), THE SYSTEM FOR ELECTRONIC DISCLOSURE BY INSIDERS (SEDI), AND THE NATIONAL REGISTRATION DATABASE (NRD) (CSA NATIONAL SYSTEMS) TO EXTEND SCOPE TO NEW CSA NATIONAL SYSTEMS
September 3, 2020
The Minister of Finance recently approved the amendment to the agreement among the Ontario Securities Commission, the British Columbia Securities Commission, the Alberta Securities Commission and the Autorité des marchés financiers outlining how the intellectual property comprising the CSA National Systems will be owned as between the parties, and how it will be licensed to third parties for their access and use (the "Agreement"). The Agreement also documents how data filed in the CSA National Systems may be accessed and used by securities regulators, certain self-regulatory organizations, other permitted third parties, and the public.
The Agreement has been amended to extend its scope to include two new shared national IT systems currently in development by the Canadian Securities Administrators, as well as any new or existing national system which is included by the parties under the scope of the Agreement from time to time.
The amendment was published in the Bulletin on July 2, 2020 (OSC Bulletin Volume 43, Issue 27).
Questions may be referred to:
Minami Ganaha
Senior Legal IT Counsel
General Counsel's Office
(416) 593-8170