For Immediate Release
July 18, 2016

Canadian securities regulators recognize three trade repositories

Vancouver – Securities regulators in Alberta, British Columbia, New Brunswick, Nova Scotia and Saskatchewan (the approving jurisdictions) today announced the approval of recognition orders for three derivatives trade repositories: the Chicago Mercantile Exchange Inc., DTCC Data Repository (U.S.) LLC and ICE Trade Vault, LLC.  Securities regulators in Newfoundland and Labrador, Nunavut, Northwest Territories, Prince Edward Island and Yukon expect to approve comparable recognition orders for some or all of these trade repositories before trade reporting requirements begin in their jurisdictions.

Under Multilateral Instrument 96-101 Trade Repositories and Derivatives Data Reporting, clearing agencies and derivatives dealers will be required to report certain over-the-counter (OTC) derivatives beginning July 29, 2016.  Reporting requirements begin November 1, 2016 for all other reporting counterparties that are required to report OTC derivatives.

The recognition orders for each of the approving jurisdictions will be available on their website.

The CSA, the council of the securities regulators of Canada’s provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.

For more information contact:

Alison Walker
British Columbia Securities Commission

Mark Dickey
Alberta Securities Commission

Andrew Nicholson
Financial and Consumer Services
Commission, New Brunswick

Tanya Wiltshire
Nova Scotia Securities Commission


Shannon McMillan
Financial and Consumer
Authority of Saskatchewan

John O’Brien
Office of the Superintendent
of Securities
Service Newfoundland and Labrador

Rhonda Horte
Office of the Yukon Superintendent
of Securities

Jeff Mason
Nunavut Securities Office

Tom Hall
Office of the Superintendent
of Securities,
Northwest Territories

Janice Callbeck
Government of Prince Edward Island
Superintendent of Securities