MI 61-101: Protection of Minority Security Holders in Special Transactions
Rules for insider bids, issuer bids, business combinations, and related-party transactions, including formal valuation and minority approval requirements.
Why MI 61-101 matters
Related-party transactions over the materiality threshold trigger MI 61-101 disclosure and valuation requirements that intersect with CAS 550.
Framework: Canadian Securities Administrators: National Instruments
National Instruments (NI) are securities rules issued by the Canadian Securities Administrators (CSA). For reporting issuers, NIs dictate which accounting and auditing standards apply, what must be filed and when, and who must certify the filings.
Primary source: Canadian Securities Administrators
Frequently asked
What is MI 61-101?
Rules for insider bids, issuer bids, business combinations, and related-party transactions, including formal valuation and minority approval requirements.
Why does MI 61-101 matter for an audit?
Related-party transactions over the materiality threshold trigger MI 61-101 disclosure and valuation requirements that intersect with CAS 550.
Which framework does MI 61-101 belong to?
MI 61-101 falls under Canadian Securities Administrators: National Instruments. National Instruments (NI) are securities rules issued by the Canadian Securities Administrators (CSA). For reporting issuers, NIs dictate which accounting and auditing standards apply, what must be filed and when, and who must certify the filings.
Related standards — Canadian Securities Administrators: National Instruments
See how Auditus checks MI 61-101
Auditus.ai runs PCAOB, ISA, and CAS engagements end-to-end and cites the exact standard behind every finding — including MI 61-101.