Notice of Exemption Order – Canadian Depository for Securities Limited and CDS Clearing and Depository Services Inc.

On January 10, 2023, the Commission made an order under section 147 of the Securities Act (Ontario) granting an exemption from a term of the Commission’s order recognizing The Canadian Depository for Securities Limited and CDS Clearing and Depository Services Inc. as clearing agencies. The order exempts CDS from a requirement to provide a third-party assessment of its financial risk model every four years.

The Order is published in Chapter B.2 of the January 12, 2023 OSC Bulletin.