The Canadian Securities Administrators (CSA) have published CSA Staff Notice 96-307 (Revised)Frequently Asked Questions about Derivatives Trade Reporting (the Staff Notice). The Staff Notice revises a list of frequently asked questions (FAQs) received by the CSA about derivatives trade reporting rules, as amended by amendments published on July 25, 2024 and came into force on July 25, 2025.
The purpose of the FAQs is to provide clarity about how the trade reporting rules should be implemented, while preserving flexibility to the extent possible for reporting counterparties and trade repositories to operationalize these requirements in the context of their business frameworks.
The list of FAQs is not exhaustive but includes key issues and questions that market participants have posed to the regulator since publication of the amendments, along with its current views.
CSA Staff note that they will continue to update these FAQs as necessary.
CSA Staff Notice 96-307 (Revised)Frequently Asked Questions about Derivatives Trade Reporting is available for download from the website of the Canadian Securities Administrators.
For more information, please call Barbara Hendrickson at BAX Securities Law (647) 403-4606.
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