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Canadian Securities Regulators Amend Benchmark Assurance Report Requirements

Canadian securities regulators have adopted amendments to Multilateral Instrument 25-102 concerning designated benchmarks and benchmark administrators. These changes clarify assurance report requirements for independent public accountants, specifying the level of assurance, report type, and submission timing, and introduce a new requirement for certain designated benchmarks. The amendments are set to come into force on May 5, 2026.