OSC STAFF NOTICE OF REQUEST FOR COMMENT
CANADIAN DERIVATIVES CLEARING CORPORATION (CDCC)
PROPOSED AMENDMENTS TO THE RISK MANUAL
INTRODUCING AN AMENDED METHODOLOGY
TO COMPUTE MISMATCHED SETTLEMENT RISK
The Ontario Securities Commission is publishing for public comment amendments to CDCC’s Risk Manual in order to introduce an amended methodology to compute mismatched settlement risk. The purpose of the proposed amendments is ensure that sufficient financial resources are available to CDCC with respect to those settlements and to improve the risk assessment of the Clearing Members.
The comment period ends May 25, 2018.