Membership Information
For Distribution to Relevant Parties within your Firm
2020 Financial Filing Deadlines
Members are reminded that, unless they are subject to earlier filing deadlines due to early warning requirements, they are required to file an unaudited Form 1 with the MFDA no later than 20 business days after the month end and an audited Form 1 no later than 90 days after the Member’s fiscal year end.
MFDA Rule 3.5.4(b) provides for the levy of fines or assessments for the failure of a Member or its auditor to file any report, form or financial statements required under MFDA Rule 3. As of December 1, 2003, the MFDA commenced imposing fees for late filing of information in the amounts prescribed in the attached Schedule A.
Attached as Schedule B is a schedule outlining financial filing deadlines for 2020.
719322
SCHEDULE A
Mutual Fund Dealers Association of Canada
Assessments for late filing
|
|
Name of Filing |
Filing Deadline |
Fine |
|
1. |
Annual Audited Form 1 |
Within 90 days of Member’s fiscal year end |
$250/business day |
|
2. |
Unaudited Form 1 |
Within 20 business days of the month end. Earlier filing deadlines apply to those subject to early warning. |
$100/business day |
|
3. |
Any other form or report requested by the Corporation under Rule 3. |
As determined by the Corporation |
$100/business day |
SCHEDULE B
Mutual Fund Dealers Association of Canada
2020 financial filing deadlines
|
Unaudited Form 1 |
Audited Form 1 |
||
|
Month Ending |
Due |
Fiscal Year Ending |
Due |
|
January 31, 2020 |
March 2, 2020 |
January 31, 2020 |
April 30, 2020 |
|
February 29, 2020 |
March 27, 2020 |
February 29, 2020 |
May 29, 2020 |
|
March 31, 2020 |
April 29, 2020 |
March 31, 2020 |
June 29, 2020 |
|
April 30, 2020 |
May 29, 2020 |
April 30, 2020 |
July 29, 2020 |
|
May 31, 2020 |
June 29, 2020 |
May 31, 2020 |
August 31, 2020 |
|
June 30, 2020 |
July 29, 2020 |
June 30, 2020 |
September 28, 2020 |
|
July 31, 2020 |
August 31, 2020 |
July 31, 2020 |
October 29, 2020 |
|
August 31, 2020 |
September 29, 2020 |
August 31, 2020 |
November 30, 2020 |
|
September 30, 2020 |
October 29, 2020 |
September 30, 2020 |
December 29, 2020 |
|
October 31, 2020 |
November 30, 2020 |
October 31, 2020 |
January 29, 2021 |
|
November 30, 2020 |
December 30, 2020 |
November 30, 2020 |
March 1, 2021 |
|
December 31, 2020 |
January 29, 2021 |
December 31, 2020 |
March 31, 2021 |
The above due dates take into consideration all national and provincial statutory holidays.
