Federal government advances plan for national securities regulator *

Canada - March 22 2013
In a significant announcement made in yesterday's federal budget (the Budget), the federal government proposed the creation of a national securities…

Co-authors: Nigel Campbell, Doug McLeod.

Canadian legislative covered bond rules now in place *

Canada - February 14 2013
Canadian banks and other federally incorporated financial institutions may now begin applying for registration of covered bond programs under Canada's…

Co-authors: Mark J. Selick.

Canadian authorities accept global central counterparties in OTC derivatives clearing *

Canada - October 9 2012
On October 1, 2012, Canadian federal and provincial regulatory authorities issued a statement (the Statement) announcing that Canadian market participants will be permitted to clear over-the-counter (OTC) derivative contracts through any central counterparties (CCPs), including global CCPs, that are recognized or exempted from recognition by Canadian authorities.

Co-authors: Pamela Hughes, Ralph Lindzon.

CSA to complete Phase 1 of Modernization Project and amend investment fund rules *

Canada - February 17 2012
On February 9, 2012, the Canadian Securities Administrators (CSA) released the final form of amendments (the Amendments) to National Instrument 81-102 Mutual Funds (NI 81-102) and related instruments.

Co-authors: Kevin Rusli, Jill Davis, Michael Sharp.