Notice of Withdrawal – Proposed Material Amendments to CDS Rules – China Bond Link – CDS Clearing and Depository Services Inc.
In accordance with the provisions of the rule protocol between the Ontario Securities Commission (“OSC”) and CDS Clearing and Depository Services Inc. (“CDS®”), and pursuant to request from CDS’s principal regulators, CDS hereby officially withdraws the Notice and Request for Comments regarding proposed amendments to the CDS Rules related to the implementation of the China Bond Link. The Notice and Request for Comments was submitted for regulatory review on October 12, 2018, and published on October 18, 2018.
CDS may re-submit the foregoing Notice and Request for Comments for re-publication, and further regulatory review, at such time as the proposed China Bond Link regains momentum.
Tony Hoffmann
Senior Legal Counsel
CDS Clearing and Depository Services Inc.