Technical Amendments to CDS Rules - Enhancement to B2B Compliance Reporting

Market Regulation Document Type
Canadian Depository for Securities Limited (CDS) rule review

THE CANADIAN DEPOSITORY FOR SECURITIES LIMITED

TECHNICAL AMENDMENTS TO CDS RULES

ENHANCEMENT TO B2B COMPLIANCE REPORTING

NOTICE OF COMMISSION APPROVAL

A. Description of the Rule

The amendments proposed pursuant to this Notice concern enhancements to B2B Compliance Reporting.

The procedures marked for the proposed amendments may be accessed at the CDS website at http://www.cds.ca/cdshome.nsf/Pages/-EN-Documentation?Open.

Specifically, these amendments address the following:

1. Section 23.1 (Participant Trade Matching Compliance report) of the CDS Reporting Procedures (Release 2.3) has been updated for stylistic changes as well as providing the process classification codes.

2. Section 6.8 (Monitoring compliance with IDA regulations) of Trade and Settlement Procedures (Release 2.3) has been revised to include details on monitoring for compliance.

B. Reasons for Technical Classification

The amendments proposed pursuant to this Notice are considered technical amendments. These amendments concern matters of a technical nature in routine operating procedures and administrative practices relating to settlement services or are amendments pertaining to stylistic formatting.

C. Effective Date of the Rule

The effective date for these amendments is August 8, 2005.

Questions

Questions regarding this notice may be directed to:

Toomas Marley,

Vice-President, Legal and Corporate Secretary,

The Canadian Depository for Securities Limited,

85 Richmond Street West,

Toronto, Ontario M5H 2C9

Fax: 416-365-1984

e-mail: [email protected]