Background - After a 10-year long consultation process, the Canadian Securities Administrators (CSA) have published Multilateral Instrument 93-101 – Derivatives: Business.
The Canadian Securities Administrators CSA announced that the regulatory authorities of each jurisdiction in Canada, except for British Columbia, have adopted Multilateral Instrument 93-101, entitled Derivatives Business Conduct the Rule. The Rule will come into full force and effect on September 28, 2024. British Columbia is expected to adopt substantially similar rules at a later date, at which time the CSA anticipates Multilateral Instrument 93-101 will be converted to a National Instrument.
The Internal Revenue Service (IRS) published notice 2022-37 on August 23, 2022 (Notice 2022-37, Extension of the Phase-in Period for the Enforcement…
After a long pandemic break from publishing regulatory proposals and new rules in respect of over-the-counter derivatives (derivatives), the Canadian Securities Administrators (CSA) is.