Canada has introduced new requirements to private companies that now must maintain a register containing up-to-date information on "individuals with significant control" (ISC), an addition to the current registers that corporations have for directors and shareholders. Under Bill C-86, that comes into effect this Thursday (13 of June, 2019), all companies that fall under the Canada Business Corporation Act (CBCA) must comply to the stricter requirements. The changes impose additions to the information that every CBCA corporation is required to record respecting its shareholders, and pr...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes