Notice of Withdrawal – Proposed Amendments to the Risk Manual of the CDCC to Introduce a New Risk Model Recalibration Process – Canadian Derivatives Clearing Corporation (CDCC)

On February 23, 2021, the Canadian Derivatives Clearing Corporation (“CDCC”) published the Notice to Members 2021-032: Request for Comments, Amendments to the Risk Manual of the Canadian Derivatives Clearing Corporation to introduce a new risk model recalibration process. 

The objective of the proposed amendments was to introduce a new risk model recalibration and governance process. After review of the matter, CDCC hereby withdraws the Notice to Members / Request for Comments 2021-032. CDCC will publish a revised proposal of amendments to its Risk Manual in the coming months. 

For more information, please contact Martin Jannelle, Senior Legal Counsel, at 514-787-6578 or at [email protected]. 

Martin Jannelle
Senior Legal Counsel, CDCC