OSC Appoves permanent "Exemption from Disclosure of a Specified Financial Measure" for federal financial institutions
OSC Appoves permanent "Exemption from Disclosure of a Specified Financial Measure" for federal financial institutions
www.osc.ca OSC adopts permanent exemptions for federal financial institutions
TORONTO – The OSC announced today the adoption of OSC Rule 52-503 Exemption from Disclosure of a Specified Financial Measure.
What does this mean? New levels of ass-covering for bank malfeasance, or just the regular sort of opacity?
Also see the original 'interim' declaration: https://www.osc.ca/en/securities-law/instruments-rules-policies/5/52-502/ontario-instrument-52-502-exemption-national-instrument-52-112-non-gaap-and-other-financial
and
Thanks to re⊃⊃it user JackTheTranscoder for links.
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