Global Correspondence
GFMA Submits Comments to the Canadian Securities Administrators on Model Provincial Rule on Mandatory Central Counterparty Clearing of Derivatives
The Global Foreign Exchange Division (GFXD) of GFMA provides comments to the Canadian Securities Administrators’ (CSA) Consultation Paper, Proposed Model Provincial Rule on Mandatory Central Counterparty Clearing of Derivatives, CSA Consultation Paper 91-303.
The GFXD generally supports the Proposed Model Rules in their current form but wish to draw the CSA’s attention to specific areas of the Proposed Model Rules as they relate to the global FX market.
