The recognition will allow it to provide clearing services to European clients
The regulators also published progress reports on the implementation of principles for financial market infrastructures in the U.S., Japan and Europe
Amendments give clearing agency flexibility to act during a crisis
The CSA and Bank of Canada have developed guidance to clarify new global standards in the Canadian context
Proposed new fund would guard against losses due to participant defaults
Proposal would give management authority to deal with situations that could imperil CDS, markets
Four agencies have qualified as Canadian-domiciled central counterparties
NBCN now serves more than 400 independent market intermediaries across the country
MOU aims to help manage systemic risk
Agencies would be subject to new requirements regarding their financial risk management, operations, governance, and disclosure