Derivatives Sound Practices

The draft revised guideline on Derivatives Sound Practices, includes updates to reflect the over-the-counter (OTC) derivatives market reforms initiated by G-20 leaders, reflects OSFI’s expectations for central clearing of standardized OTC derivatives and reporting derivatives data to a trade repository. The guideline has also been updated to reflect current best practices with respect to the risk management of derivatives activities. Comments or questions regarding the Draft Guideline should be submitted to OSFI by November 14, 2014.