The Ontario Securities Commission, Québec's Autorité des marchés financiers and France's Autorité des marchés financiers have entered into an agreement to support initial cross-listings of securities on an exchange in Canada and France by prospectus. The arrangement creates a new collaborative procedure intended to facilitate regulator-to-regulator dialogue and information sharing during the prospectus review process. The agreement applies to Canadian and French companies seeking to cross-list in the other jurisdiction by way of a prospectus and requires compliance with each country’s regulatory requirements as well as applicable exchange requirements. It does not provide regulatory relief, but is intended to provide issuers with increased support and assistance from the three regulators throughout the prospectus review process.
Ontario Securities Commission 2026-04-20
Ontario Securities Commission joins Québec and France market regulators in new cooperation agreement for Canada-France prospectus cross-listings
The Ontario Securities Commission, Québec’s Autorité des marchés financiers and France’s Autorité des marchés financiers have agreed a new collaborative procedure to support initial cross-listings of securities on Canadian and French exchanges by prospectus. The arrangement facilitates regulator-to-regulator dialogue and information sharing during prospectus reviews, while requiring full compliance with each country’s regulatory and exchange requirements and providing no regulatory relief.