Regulatory Alerts2019-06-20
Notice relating to the blanket order regarding exemption from certain requirements set out in Regulation 81-102 respecting Investment Funds
The Autorité des marchés financiers issued a blanket order exempting investment funds reporting in Québec from specific provisions of Regulation 81-102. This exemption allows funds to utilize bilateral specified derivatives cleared by any regulated clearing agency in Canada, rather than being limited to those recognized in Québec. The relief covers limits on purchasing derivatives, position closing requirements, exposure limits, and custodial obligations for margin deposits.
Share