Industry



NOTICE OF EFFECTIVE DATE

TECHNICAL AMENDMENTS TO CDS PROCEDURES CHANGES TO THE COLLATERAL HAIRCUTS FOR DEBT INSTRUMENTS

The Ontario Securities Commission is publishing Notice of Effective Date -- Technical Amendments to CDS Procedures -- Changes to Collateral Haircuts for Debt Instruments. CDS's proposed collateral haircuts for debt instruments were presented to the CDS's Risk Advisory Committee (RAC) and were, thereafter, presented to the Risk Management and Audit Committee (RMAC) of the CDS Board of Directors on May 5, 2014. The RMAC recommendation to the Board of Directors to approve the proposed collateral haircuts for debt instruments was accepted on May 6, 2014. CDS has determined that these amendments will become effective on October 31, 2014.

A copy of the CDS notice is published on our website http://www.osc.gov.on.ca.