Friday September 30 2016
News Source: Global Exchanges
Focus: Derivative Market Segment
Type: General
Country: Canada
Link: http://www.albertasecurities.com/Regulatory Instruments/5230178 _ 91-305_Notice_FAQ.pdf
Canadian Regulators have published the following Canadian Securities Administrators (CSA) staff notices:
- Multilateral Instrument 91-101 Derivatives: Product Determination (the Product Determination Rule),
- Companion Policy 91-101 Derivatives: Product Determination (the Product Determination CP),
- Multilateral Instrument 96-101 Trade Repositories and Derivatives Data Reporting (the Trade Reporting Rule), and
- Companion Policy 96-101 Trade Repositories and Derivatives Data Reporting (the Trade Reporting CP).
The Notice provides guidance to persons that are parties to over-the-counter derivatives, in the form of answers to frequently asked questions, on certain matters related to Derivatives: Product Determination, Trade Repositories and Derivatives Data Reporting.
In all jurisdictions except Newfoundland and Labrador, derivatives reporting obligations under MI 96-101 began on July 29, 2016 for clearing agencies and derivatives dealers, and will begin on November 1, 2016 for all other reporting counterparties. In Newfoundland and Labrador, derivatives reporting obligations are anticipated to begin on 1st November 2016 for all reporting counterparties.
Click on the link above for further details