Back to the Learning Academy.

Just Released - Updated Security-Based Compensation Guide

Just Released

TSX released an updated version of Guide to Security-Based Compensation Arrangements (Guide). This third edition of the Guide, which was originally published in 2007, is intended to help listed issuers gain a better understanding of the issues relating to security-based compensation arrangements and assist issuers in preparing meaningful disclosure that complies with TSX requirements.

What's New in This Edition

This edition includes updates to reflect rule changes which came into effect in 2017 (principally regarding annual disclosure requirements, including burn rate), expand guidance on the treatment of full value awards and provide FAQs addressing questions commonly received by TSX listings managers.

Key Highlights

  1. Disclosure requirements – annually and upon adoption or amendment of a plan
  2. Examples of acceptable disclosure and reporting
  3. FAQ's

 

Guide to Security-Based Compensation Arrangements

Related Articles

Digging Deeper: Understanding the disclosure disconnect in the mining sector

In December 2020, Millani facilitated a roundtable session with members of The Mining Association of Canada (MAC) and selected investors. The session was centered around the disconnect that issuers and investors have experienced, relating to the disclosure of relevant environmental and social information.