Regulatory Alerts2020-03-26
CSA Multilateral Notice 24-317 Notice of Relief from Certain Filing Provisions under Regulation 24-101 respecting Institutional Trade Matching and Settlement
The Canadian Securities Administrators grant registered firms a three-year moratorium from the exception reporting requirements of Regulation 24-101. This relief suspends the obligation to file Form 24-101F1 between July 1, 2020, and July 1, 2023, allowing regulators to assess the necessity of the report following the settlement cycle shortening. Firms remain fully obligated to maintain policies and procedures designed to achieve the required trade matching threshold during this period.
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