compliance puzzle

The Bourse de Montréal inc. (MX) has extended its regulatory relief measures amid the ongoing Covid-19 pandemic.

Last year, the MX issued new guidance that allowed for some flexibility in meeting certain regulatory requirements, and for delays in certain reporting obligations.

In a notice to the industry, the derivatives exchange said that it will continue allowing firms to utilize alternative compliance measures, until the summer, due to ongoing public health restrictions.

Specifically, the MX said that the compliance accommodations that were set to expire on Jan. 15 have now been extended to June 30.