Blanket Order 96-501 Replaced: Expiry Dates For Derivatives Trade Reporting Exemptions Pushed Back

Blanket Order 96-501, originally adopted in 2016, provides limited general relief from certain derivatives trade reporting requirements under Multilateral Instrument 96-101 Trade Repositories and Derivatives Data Reporting.

It applies in all Canadian jurisdictions except Manitoba, Ontario and Quebec.

Effective December 15, 2017, each of the participating provinces and territories revoked and replaced the Blanket Order.

The replacement Blanket Order is generally similar to its predecessor except that it:

• extends the application of some of the exemptions beyond the original December 31, 2017 expiration date (while making certain other exemptions permanent), and
• includes a few other minor changes, as described below.