Category: OTC Derivatives

Mandatory Clearing of OTC Derivatives Delayed for Certain Entities

August 17, 2017

The Canadian Securities Administrators (CSA) have taken steps to postpone until August 20, 2018 the phase-in date of the mandatory clearing requirements set out in National Instrument 94-101 Mandatory Central Counterparty Clearing of Derivatives (NI 94-101) for certain categories of counterparties. The delay in the application of the rule to these counterparties will not affect transactions and counterparties that are…

OSFI Issues Draft Guideline for Derivatives Sound Practices for Federally Regulated Private Pension Plans

August 8, 2017

On July 31, 2017, the Office of the Superintendent of Financial Institutions Canada (OSFI) published for comment a new draft guideline, titled: Derivatives Sound Practices for Federally Regulated Private Pension Plans (Draft Guideline). According to OSFI, the new Draft Guideline is intended to outline factors that OSFI expects administrators of federally regulated pension plans to consider as they develop and…

OTC Derivatives in Canada: Getting Ready for the New Regulatory Regime

June 7, 2016

As part of the current global regulatory reform process, the rollout of Canada’s regulatory regime for over-the-counter derivatives is now in full swing.  These new market-based rules will impact how you trade OTC derivatives.  Blakes discusses the practical consequences of these reforms, including the following topics: Understanding how the Canadian reforms fit into the global market context Adapting your compliance…