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Canadian Securities Administrators Issue Second Request for Comment on Proposed Business Conduct Rules for Derivatives Dealers and Advisers

The Canadian Securities Administrators (CSA) has published a notice and second request for comment on Proposed National Instrument 93-101 Derivatives: Business Conduct and Proposed Companion Policy 93-101 CP Derivatives: Business Conduct (the Proposed Instrument). The Proposed Instrument establishes a business conduct regime for regulating dealers…

Barbara Hendrickson speaks at CBA NEERLS conference on June 1, 2018 on CSA Staff Notice 51-354 Report on Climate change-related Disclosure Project

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BCSC Varies BC Instrument 94-501

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…

Canadian Securities Administrators Publish for Comment CSA Staff Notice 21-323 Proposal for Mandatory Post-Trade Transparency of Trades in Government Debt Securities, Expanded Transparency of Trades in Corporate Debt Securities and Proposed Amendments to National Instrument 21-101

The Canadian Securities Administrators (CSA) last Thursday published for comment CSA Staff Notice 21-323 Proposal for Mandatory Post-Trade Transparency of Trades in Government Debt Securities, Expanded Transparency of Trades in Corporate Debt Securities and Proposed Amendments to National Instrument 21-101(the Proposed Amendments). The comment period…

When the Blockchain Gets Broken: The Coincheck Breach

Since their inception, cryptocurrencies and their underlying blockchain technologies have been touted by their promoters as both secure and anonymous. Unfortunately, as a number of recent breaches by hackers into blockchain-based cryptocurrency exchanges have shown, this is not the case. Blockchain technology, which relies upon…