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
Regulator spells out its expectations for the due diligence that firms must carry out before outsourcing any activity
Requirements follow global efforts to improve transparency in OTC derivatives markets