Canadian Issuers

Newly improved for 2011 is CRSTL’s Compliance Database for TSX Issuers. Designed to ensure that your compliance program meets the continuous disclosure and corporate governance requirements required under Ontario securities legislation, the database addresses the Ontario Securities Act (OSA), Ontario Business Corporations Act (OBCA), TSX Company Manual, numerous National Instruments, Companion Policies, OSC Staff Notices and Rules, and a host of associated regulations for public companies listed in Canada.

The Compliance Database for TSX Issuers covers topics such as the following:

• Annual and Interim MD&A
• Annual and Interim Financial Statements
• Forms of Proxy, Information Circulars, and Quorum 
• Annual Shareholder Meetings
• Auditors and Audit Committees
• Certification of Disclosure in Filings
• Corporate Governance
• Disclosure Standards
• Executive Compensation
• Annual Information Forms (AIF)
• Books and Records Keeping
• Statements of Executive Compensation

To address these requirements, CRSTL has applied nearly a decade of expertise helping companies navigate complex regulatory environments to assisting TSX Issuers manage their TSX compliance obligations using a database of plain language summaries and questionnaires. These questionnaires are distributed to employees for compliance certification via a powerful governance risk and compliance (GRC) software platform that helps your chief compliance officer track and correct compliance deficiencies at a glance.

In addition to OSC sanctions and reputational damage, secondary market liability for disclosure violations is significant: for companies, the greater of 5% of the company’s market capitalization and $1 million; for directors or officers, the greater of $25,000 and 50% of annual compensation.

To see the cost benefits of using CRSTL's legal databases and workflow solution, take a moment to calculate your Return On Investment with our ROI Calculator.