CBA-NS Business Law Section Meeting
Changes in Corporate Transparency
Speaker: Hayley Clarke, Registrar of Joint Stock Companies, with guests from the RJSC and the Department of Finance
The Federal, Provincial and Territorial Finance Ministers had agreed to pursue legislative amendments requiring the collection of beneficial ownership data at the company level, and to eliminate the use of bearer shares and share warrants. As a result, changes will be required to the Companies Act to accommodate this. This session will enable an opportunity for the Registrar of Joint Stock Companies to discuss these changes and obtain input on the changes and any need for a transition plan for any such arrangements that are outstanding.