Regulatory Alerts2021-06-10
CSA Staff Notice 21-326: Guidance for Reporting Material Systems Incidents
The Canadian Securities Administrators issued this notice to update and align regulatory requirements for marketplaces reporting material systems incidents. It mandates that exchanges and alternative trading systems promptly notify regulators and other stakeholders upon escalating an incident to senior management. The document outlines specific expectations for initial notifications, follow-up updates, resumption notices, and post-mortem reports to ensure transparency and manage systemic risk.
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