Regulatory Alerts2023-06-29
CSA Notice of Publication: Regulation to amend Regulation 25-102 respecting Designated Benchmarks and Benchmark Administrators (Phase 2)
The Canadian Securities Administrators adopted amendments to Regulation 25-102 and its associated Policy Statement to establish a regulatory regime for commodity benchmarks and their administrators. These changes implement international best practices by defining designated commodity benchmarks, clarifying governance requirements, and adjusting definitions for terms such as front office and input data. The amendments are scheduled to come into force on September 27, 2023, subject to necessary Ministerial approvals in participating jurisdictions.
Share