ISDA submission on CSA paper on regulation of OTC derivatives regulation in Canada
18 January 2011
ISDA asks that the regulators consider the global nature of the markets when drafting derivatives rules so that they do not restrict the ability of Canadian entities from continuing to participate and be competitive in the global derivatives markets.
ISDA also proposes CSA to coordinate with other regulatory authorities in Canada to ensure there is consistent regulation across Canada. The different regulatory regimes operate on federal and provincial levels and rulemaking with respect to derivatives should be allocated appropriately amongst the various regulators.
Full paper
© ISDA - International Swaps and Derivatives Association
