Canadian Securities Administrators

Canadian Securities Administrators

July 18, 2016 12:00 ET

Canadian Securities Regulators Recognize Three Trade Repositories

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 18, 2016) - Securities regulators in Alberta, British Columbia, New Brunswick, Nova Scotia and Saskatchewan (the approving jurisdictions) today announced the approval of recognition orders for three derivatives trade repositories: the Chicago Mercantile Exchange Inc., DTCC Data Repository (U.S.) LLC and ICE Trade Vault, LLC. Securities regulators in Newfoundland and Labrador, Nunavut, Northwest Territories, Prince Edward Island and Yukon expect to approve comparable recognition orders for some or all of these trade repositories before trade reporting requirements begin in their jurisdictions.

Under Multilateral Instrument 96-101 Trade Repositories and Derivatives Data Reporting, clearing agencies and derivatives dealers will be required to report certain over-the-counter (OTC) derivatives beginning July 29, 2016. Reporting requirements begin November 1, 2016 for all other reporting counterparties that are required to report OTC derivatives.

The recognition orders for each of the approving jurisdictions will be available on their website.

The CSA, the council of the securities regulators of Canada's provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.

Contact Information

  • Alison Walker
    British Columbia Securities Commission
    604-899-6713

    Mark Dickey
    Alberta Securities Commission
    403-297-4481

    Andrew Nicholson
    Financial and Consumer Services Commission, New Brunswick
    506-658-3021

    Tanya Wiltshire
    Nova Scotia Securities Commission
    902-424-8586

    Shannon McMillan
    Financial and Consumer Affairs Authority of Saskatchewan
    306-798-4160

    John O'Brien
    Office of the Superintendent of Securities
    Service Newfoundland and Labrador
    709-729-4909

    Rhonda Horte
    Office of the Yukon Superintendent of Securities
    867-667-5466

    Jeff Mason
    Nunavut Securities Office
    867-975-6591

    Tom Hall
    Office of the Superintendent of Securities,
    Northwest Territories
    867-767-9305

    Janice Callbeck
    Government of Prince Edward Island
    Superintendent of Securities
    902-368-6288