Technical Amendments to CDS Procedures - Housekeeping Items
CDS CLEARING AND DEPOSITORY SERVICES INC. (CDS®)
TECHNICAL AMENDMENTS TO CDS PROCEDURES
HOUSEKEEPING ITEMS
NOTICE OF EFFECTIVE DATE
A. DESCRIPTION OF THE CDS PROCEDURE AMENDMENT
Please find attached proposed amendments to CDS Participant Procedures concerning Housekeeping items.
The CDS Procedures marked for the amendments may be accessed at the CDS website at:
http://www.cds.ca/cdsclearinghome.nsf/Pages/-EN-blacklined?Open
Description of Proposed Amendments
The proposed amendments are housekeeping amendments made in the ordinary course of review of CDS’s Participant Procedures. They include the following:
- Add Domestic Trade Reconciliation Reporting screen (WR727) to Chapter 3 of Trade and Settlement Procedures
- Standardize the cross-reference format for fees in International Services Procedures, Participating in CDS Services and Trade and Settlement Procedures
- Correct 1042S to 1042-S in CDSX Procedures and User Guide and CDS Reporting Procedures
- Style change e-mail to email in Participating in CDS Services, CDSX Procedures and User Guide, Money Market Issue and Entitlement Procedures and Transfer Agent Procedures (French excepted)
- Change DetNet to FINet in Participating in CDS Services and Trade and Settlement Procedures
- Change contact information to CAVALI (from Customer Service) in Chapter 5 of International Services Procedures.
CDS Procedure Amendments are reviewed and approved by CDS’s Strategic Development Review Committee (“SDRC”). The SDRC determines or reviews, prioritizes and oversees CDS-related systems development and other changes proposed by participants and CDS. The SRDC’s membership includes representatives from the CDS Participant community and it meets on a monthly basis.
These amendments were reviewed and approved by the SDRC on April 30, 2009.
B. REASONS FOR TECHNICAL CLASSIFICATION
The amendments proposed pursuant to this Notice are considered technical amendments as they are matters of a technical nature in routine operating procedures and administrative practices relating to the settlement services.
C. EFFECTIVE DATE OF THE CDS PROCEDURE AMENDMENT
Pursuant to Appendix A (“Rule Protocol Regarding The Review And Approval Of CDS Rules By The OSC”) of the Recognition and Designation Order, as amended on November 1, 2006, and Annexe A (“Protocole d’examen et d’approbation des Règles de Services de Dépot et de Compensation CDS Inc. par l’Autorité des marchés financiers”) of AMF Decision 2006-PDG-0180, made effective on November 1, 2006, CDS has determined that the proposed amendments will become effective on a date subsequently determined by CDS, and as stipulated in the related CDS Bulletin.
D. QUESTIONS
Questions regarding this notice may be directed to:
Susan Cluff
Manager, Information Design & Documentation
CDS Clearing and Depository Services Inc.
85 Richmond Street West
Toronto, Ontario M5H 2C9
Telephone: 416-365-8503
Fax: 416-365-0842
e-mail: [email protected]