As a follow-up to our post of April 17, the AMF issued its blanket exemption decision on May 15 to extend the date for the commencement of over-the-counter (OTC) derivatives trade reporting under AMF Regulation 91-507 respecting Trade Repositories and Derivatives Data Reporting until October 31, 2014 for clearing houses and dealers, and until June 30, 2015 for all other OTC derivatives market participants.

In the accompanying notice, the AMF confirms its intention to make consequential amendments to Regulation 91-507 “to maintain a harmonized national oversight and reporting regime for OTC derivatives markets”. These amendments are expected to be broadly consistent with the amendments to the Ontario and Manitoba TR Rules released on April 17 and discussed in our April post. Both the blanket decision and the accompanying notice are currently available in French only.