OSC STAFF NOTICE OF REQUEST FOR COMMENT
CDCC CANADIAN DERIVATIVES CLEARING
AMENDMENT TO THE RISK MANUAL TO ADDRESS
THE STRESS TESTING FRAMEWORK
The Ontario Securities Commission is publishing for public comment the proposed amendment to the Risk Manual of CDCC. The purpose of the proposed amendment is to review the Stress Testing Framework and continue to ensure that CDCC has sufficient financial resources during extreme but plausible market conditions. In addition, evaluating the risk profile of the Clearing Members through various stress tests will ensure the robustness of the risk framework.
A copy of the CDCC notice is published on our website at http://www.osc.gov.on.ca.