CSA virtual roundtable on the OTC derivatives rules

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CSA virtual roundtable on the OTC derivatives rules

Virtual

9/28/2022 8:00 AM

The Canadian Securities Administrators (CSA) will host a virtual roundtable on the proposed derivatives business conduct rule and provide a status update on the other over-the-counter (OTC) derivatives rules. 

The proposed derivatives business conduct rule is the CSA's next step towards modernizing the regulatory framework for the OTC derivatives market in Canada. This virtual roundtable will explore a number of regulatory, implementation and compliance issues related to the CSA's plan to adopt a final rule in the upcoming year.

The roundtable will be held on September 28, 2022 from 8:00 a.m. – 10:00 a.m. MT.

The roundtable panellists are:

Industry Panel 

  • Gregory Aronson, Senior Counsel, Derivatives, TD Bank Group
  • Élodie Fleury, Managing Director, Regulatory Change Management, Business Transformation and Governance – Financial Markets, National Bank of Canada
  • Melissa Ghislanzoni, General Counsel, Portfolio Management Association of Canada  
  • Emily O’Donohue, Director and Associate General Counsel, Ontario Teachers’ Pension Plan 

Regulatory Panel 

  • Alison Beer, Senior Legal Counsel, Derivatives, Ontario Securities Commission
  • Michael Brady, Deputy Director, British Columbia Securities Commission
  • Janice Cherniak, Senior Legal Counsel, Alberta Securities Commission
  • Debra Foubert, Director, Compliance and Registrant Regulation Branch, Ontario Securities Commission
  • Tammy Wong, Associate Director, OTC Derivatives, National Futures Association  

The panels will be moderated by Kevin Fine, Director, Derivatives, Ontario Securities Commission, and Dominique Martin, Director, Oversight of Trading Activities, Autorité des marchés financiers. Attendees will have an opportunity to direct questions to the panels.

To register please click HERE. 

 

ROUNDTABLE AGENDA

Time

Topic

Panellists

8:00 a.m. - 8:20 a.m. MT.

Introduction and Opening Remarks  

Stan Magidson, Chair, Canadian Securities Administrators

Grant Vingoe, Chief Executive Officer, Ontario Securities Commission

 

8:20 a.m. - 9:05 a.m. MT.

Stakeholder Panel Discussion

Discussion Topics:

Derivatives Business Conduct Rule - Reaction by buy-side and sell-side to the latest publication  

Moderator: Kevin Fine, Director, Derivatives, Ontario Securities Commission 

  • Gregory Aronson, Senior Counsel, Derivatives, TD Bank Group 
  • Élodie Fleury, Managing Director, Regulatory Change Management, Business Transformation and Governance – Financial Markets, National Bank of Canada 
  • Melissa Ghislanzoni, General Counsel, Portfolio Management Association of Canada  
  • Emily O’Donohue, Director and Associate General Counsel, Ontario Teachers’ Pension Plan  

 

9:05 a.m. - 9:50 a.m. MT.

 

Regulatory Panel Discussion with Q&A Period

Discussion Topics:

  • Status update on OTC derivatives rules
  • Overview of implementation and compliance re derivatives business conduct rule
  • Q&A with Regulatory Panel 

Moderator: Dominique Martin - Director, Oversight of Trading Activities, Autorité des marchés financiers

  • Alison Beer, Senior Legal Counsel, Derivatives, Ontario Securities Commission
  • Michael Brady, Deputy Director, Derivatives, British Columbia Securities Commission
  • Janice Cherniak, Senior Legal Counsel, Alberta Securities Commission
  • Debra Foubert, Director, Compliance and Registrant Regulation Branch, Ontario Securities Commission
  • Tammy Wong, Associate Director, OTC Derivatives, National Futures Association 

 

9:50 a.m. - 10:00 a.m. MT.

Closing Remarks

Dominique Martin - Director, Oversight of Trading Activities, Autorité des marchés financiers