TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>New circular sets fixed timelines for issuer disclosures to debenture trustees for continuous due diligence on debt securities</h1> The circular prescribes standardized timelines for issuers of listed or proposed-to-be-listed debt securities to submit information to debenture trustees to facilitate continuous due diligence. Issuers must provide a security cover certificate quarterly within 60 days of each quarter end, except the last quarter, which is due within 75 days. Statements of value of pledged securities, Debt Service Reserve Accounts or other security, and net worth certificates of personal guarantors are due half-yearly within 60 days. Financials and value of corporate guarantors are due annually within 60 days of financial year end, and valuation and title search reports for secured assets once every three years. Provisions apply from quarter ending December 31, 2025.
TaxTMI 
TaxTMI 
