Canada regulators consider linking clearing, margin rules

canada cropped
By Daniel O'Leary
03 Jun 2014

Financial regulators in Canada are considering marrying their upcoming rules governing clearing and margin requirement reforms of over-the-counter derivatives. The regulators in the provinces of Ontario, Manitoba and Québec are looking to streamline the reform process and could re-release the draft rules for further public consultation once joined.

The three regulators have released separate draft rules for clearing and margin and have historically released their draft rules simultaneously to ensure some level of uniformity. Canada’s constitution gives the provinces control of financial regulation.

“We saw draft rules quite some time ago, so I’m expecting in the ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial