Statement Of Priorities For 2015-2016 Published By The OSC

The Ontario Securities Commission (OSC) recently published its Statement of Priorities for the financial year to end March 31, 2016.  The Statement of Priorities follows the draft Statement of Priorities published on April 2, 2015.  The Statement of Priorities, published annually by the OSC, offers stakeholders a glimpse into the OSC’s goals for the forthcoming year. 

Importantly, the OSC intends make significant progress in the regulation of derivatives-related matters in 2015-2016.  For example, it intends to publish for comment a national instrument which would regulate the registration of derivatives dealers.  The OSC also intends to develop rules for the clearing of OTC derivatives and a notice that outlines recommendations for the implementation of segregation and portability (other than for OTC derivatives).