On May 31, 2018, the British Columbia Securities Commission (BCSC), published an update, varying BC Instrument 94-501 – Exemption from the mandatory clearing requirements in National Instrument 94-101 – Mandatory Central Counterparty Clearing of Derivatives for certain counterparties to extend the exemption.

The full text of BC Instrument 95-501 is available on the website of the British Columbia Securities Commission.

For more information, please call Barbara Hendrickson at BAX Securities Law (416) 601 -1004.

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