Request for Comment – Proposed Amendments to the Rules, Operations Manual, Risk Manual and Default Manual of CDCC to Introduce the Gross Client Margin (GCM) Model – Canadian Derivatives Clearing Corporation (CDCC)

Canadian Derivatives Clearing Corporation rule review

  
The Ontario Securities Commission is publishing for public comment the proposed amendments to the CDCC Rules, Operations Manual, Risk Manual and Default Manual to introduce the GCM Model.

The purpose of the proposed amendments is to support the implementation of the GCM regime and the enhancements of CDCC’s porting arrangements under this regime to comply with Principal 14 “Segregation and Portability” of the Principles for Financial Market Infrastructures (PFMI) published in 2012 by CPMI-IOSCO.

The comment period ends on September 03, 2021.

A copy of the CDCC Notice is published on our website at http://www.osc.gov.on.ca.