On January 19, 2017, the securities regulators in each of the provinces and territories of Canada published a notice that they have finalized two new derivatives rules as part of their ongoing G20 commitment to regulate over-the-counter derivatives in Canada.

These rules are:

  1. National Instrument 94-101 entitled Mandatory Central Counterparty Clearing of Derivatives (Mandatory Clearing Rule)
  2. National Instrument 94-102 entitled Derivatives: Customer Clearing and Protection of Customer Collateral and Positions (Customer Clearing and Protection Rule)

Read about the implications of the Mandatory Clearing Rule and Customer Clearing and Protection Rule here.