Canada:
CSA Extend Time For OTC Derivatives Trade Reporting
16 April 2014
Stikeman Elliott LLP
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The CSA announced today that they are pushing
back the date for the implementation of OTC derivatives trade reporting
obligations. Clearing agencies and dealers will now have to
begin trade reporting on October 31, 2014, while all other
OTC derivatives market participants will be required to report
beginning on June 30, 2015.
The extension is intended to provide more time for trade
repositories currently engaged in the designation or recognition
process to develop reporting infrastructure and accept market
participants onto their systems.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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