TORONTO, Oct. 7, 2013 /CNW/ - The Canadian Securities Administrators
(CSA) announced in April 2013, the signing of a new service agreement
with CGI Information Systems and Management Consultants Inc. Under the
agreement CGI will assume responsibility for the hosting, operation and
maintenance of the System for Electronic Document Analysis and
Retrieval (SEDAR), the System for Electronic Disclosure by Insiders
(SEDI) and the National Registration Database (NRD) (collectively, the
"CSA National Systems") later this year.
The implementation date for the cutover of all SEDAR, SEDI and NRD
related services from the previous service provider to CGI was
originally scheduled for October 12, 2013, to coincide with the new fee
schedule. The implementation cutover date will now take place on
Monday, December 2, 2013. More details will be provided as the date
The revised fees for SEDAR and NRD described in Multilateral Instrument
13-102 System Fees for SEDAR and NRD will be implemented on October 12, 2013 as previously announced.
Consequently, SEDAR filers and filing agents who currently have the
SEDAR desktop software installed on their workstations will be required
to download an update as of that date to account for the new fees.
In addition, on December 2, 2013 new SEDAR desktop software will be
provided. Installation of this new software is required to continue to
have access to the SEDAR system. Additional information on this
installation requirement will follow on the SEDAR website and in a
separate communique in November.
Note that users of the SEDI and NRD systems do not need to do anything
in preparation for the transition.
Questions concerning the information provided in this release or
relating to the transition in general may be directed to CSAsystransition@csa-acvm.ca.
The CSA, the council of the securities regulators of Canada's provinces
and territories, co-ordinates and harmonizes regulation for the
Canadian capital markets.
SOURCE: Canadian Securities Administrators
For further information:
Ontario Securities Commission
Alberta Securities Commission
Autorité des marchés financiers
British Columbia Securities Commission