Tuesday July 29 2014

News Source: Global Exchanges

Focus: Holidays and Opening Hours and suspensions

Type: General

Country: Canada

Link:




The Bank of Canada and certain provincial commissions today announced that the TMX Group Limited central counterparties (CCPs) – CDCC, CDS and NGX – can each be considered qualifying central counterparties (QCCPs) pursuant to the standards developed by the Basel Committee on Banking Supervision and adopted by OSFI. This status allows certain bank exposures to the CCPs to be subject to lower capital requirements.

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