View this email in your browser   |   December 20, 2014
In this issue
1. New Upcoming Narrative Instructions and Document Checklist

2. New Investment Agreement to be Issued for 2015 intake




 

RCI eNewsletter

1. New Narrative Instructions and Document Checklist to be Released for QIIP



MIDI has announced it will issue a new document checklist and new narrative writing guidelines that will be applicable to QIIP files submitted in 2015.

The new documents are currently only available in French on the MIDI website. English versions are expected either by the end of December or by early January, and will also be made available on the MIDI website.
 
The narrative document will require an enhanced level of detail and organization. The document checklist will also require a number of new documents, especially to authenticate statements and source of funds.
 
As soon as the English versions are made available by MIDI, RCI will accordingly train all its account managers on the changes so that our staff will be available to answer your questions. Our legal team will also be available to answer questions that may arise.
 
Finally, in its efforts to ensure the highest level of file quality, RCI will issue a complete and detailed QIIP handbook to its agents, that will be ready for publication shortly after all the final MIDI documents are made available in early 2015. 

 


2. New Investment Agreement to be Issued for 2015 intake

 


RCI will issue an updated Investment Agreement for the upcoming QIIP intake, scheduled by MIDI to begin in January 2015.
 
This new version of the Investment Agreement will be mandatory. Old versions of the investment agreement will not be usable for the upcoming intake. The new version of the Investment Agreement is currently in preparation in collaboration with MIDI. It will be circulated as soon as possible, and we will issue an information newsletter on that topic at that time.

Meanwhile, we remind you that any application filed using an older version of the Investment Agreement will not be accepted by MIDI going forward. It will be essential to use the new version once it is released.

 
As usual, RCI is closely monitoring all QIIP developments. For more information, please contact your RCI account manager.
 
Best regards, and best wishes for the Holiday Season,
 

The RCI Team
Copyright © 2014 Renaissance Capital Inc., All rights reserved.



mseguin@rcican.com
www.rcican.com


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