Notice of Ministerial Approval of Amendments to National Instrument 94-101 Mandatory Central Counterparty Clearing of Derivatives and Changes to Companion Policy 94-101 Mandatory Central Counterparty Clearing of Derivatives

Amendments (the Rule Amendments) to National Instrument 94-101 Mandatory Central Counterparty Clearing of Derivatives (the Rule) have received Ministerial approval pursuant to section 143.3(3)(a) of the Securities Act (Ontario). In connection with the Rule Amendments, the Commission also adopted changes (the Policy Changes) to Companion Policy 94-101 Mandatory Central Counterparty Clearing of Derivatives (the Policy)

The Rule Amendments and Policy Changes were published in the Ontario Securities Commission’s (OSC) Bulletin on January 27, 2022 at (2022), 45 OSCB 999 and on the OSC website at www.osc.ca. The Rule Amendments and Policy Changes will become effective on September 1, 2022, with the exception of the amendments to Appendix A and B of the Rule, which became effective on April 12, 2022.

The full text of the Rule incorporating the Rule Amendments and the full text of the Policy incorporating the Policy Changes are reproduced in Chapter 5 of this Bulletin.