The Canadian Securities Administrators (CSA) today announced two new national instruments affecting over-the-counter (OTC) derivatives trading in Canada. The national instruments are part of Canada’s ongoing implementation of global OTC derivatives market reforms. Read: How and why to use derivatives: IMCA conference National Instrument 94-101 Mandatory Central Counterparty Clearing of Derivatives requires certain counterparties to […]
Securities regulators across the country have published CSA Multilateral Staff Notice 91-305, which answers frequently asked questions about derivatives and offers guidance on derivatives reporting obligations.
Securities regulators in Alberta, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Prince Edward Island and Yukon today announced the adoption of amendments to Multilateral Instruments 91-101 Derivatives: Product Determination and 96-101 Trade Repositories and Derivatives Data Reporting. At the same time, Saskatchewan announced it is adopting the amendments to MI 96-101 and […]
The amendments will increase transparency in the Canadian over-the-counter (OTC) derivatives market through public dissemination of transaction-level data and provide exclusions from the reporting requirement for certain OTC derivatives transactions between affiliates.