This edition provides a summary of newly effective and forthcoming regulatory and auditing matters in Canada for the second quarter 2020.

Canadian securities: New guidance

• Relief for Client-Focused Reforms related to Conflict of Interest and Relationship Disclosures
• Temporary Exemption from Borrowing Limits to Accommodate Redemption Requests of Mutual Funds
• Temporary Exemptions from Certain Requirements to File or Send Securityholder Materials
• Group Audits
• Audits of Less Complex Entities
• Quality Management for Firms
• Frequently Asked Questions Regarding Filing Extension Relief in Response to COVID-19
• Temporary Exemptions from Certain Requirements to File or Send Securityholder Materials for Investment Funds
• Temporary Exemptions from Certain Coporate Finance Requirements
• Review of Mineral Resource Estimates in Technical Reports
• Amendments to National Instrument 44-102 Shelf Distributions

Auditing matters

• Group Audits
• Audits of Less Complex Entities
• Quality Management for Firms Standards Issued but Not yet Effective