Canadian Securities Regulators Adopt Rules for OTC Derivatives Clearing
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Canadian Securities Regulators Adopt Rules for OTC Derivatives Clearing
The Canadian Securities Administrators (CSA), which coordinates and harmonises regulation for the Canadian capital markets, has announced two new national instruments affecting over-the-counter (OTC) derivatives trading in Canada, part of the country’s ongoing implementation of commitments to reform the global OTC derivatives markets.
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Louis Morisset, Chair of the CSA and President and CEO of the Autorité des marchés financiers said, “These national instruments are designed to align with international standards and provide safeguards in the Canadian market for counterparties transacting in over-the-counter derivatives, while fostering ... (read more)
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