Notice of Technical/Housekeeping Rule Submission – Proposed Technical Amendments to CDS Financial Risk Model Related to the Transition to T+1 Settlement Cycle – CDS Clearing and Depository Services Inc. (CDS)

CDS has submitted to the Commission proposed technical/housekeeping amendments to the CDS Financial Risk Model Document considering the T+1 transition.

The purpose of the proposed amendments is to ensure clarity for all market participants with respect to the CDS Financial Risk Model Document to support the transition from the T+2 settlement cycle to the T+1 settlement cycle.

The CDS Notice and the blackline version of the proposed amendments have been posted on CDS’s website. The effective date of the proposed amendments is May 27, 2024.