B.C. Reg. 216/2021 – Multilateral Instrument 25-102 Designated Benchmarks and Benchmark Administrators, effective May 5, 2026

B.C. benchmark administrators must switch to 'reasonable assurance report on controls' for all designated benchmarks

The amendment replaces the previous assurance report categories — limited assurance report on compliance and reasonable assurance report on compliance — with a single standard: a "reasonable assurance report on contro…