Some Financial Stability Board members are concerned about their ability to implement trade reporting frameworks in time
The Depository Trust & Clearing Corporation (DTCC) says that its Global Trade Repository (GTR) has added trade repository services for Newfoundland and Labrador.
With this addition, DTCC says GTR now supports all Canadian provinces and territories.
In an effort to achieve improved risk analysis, all Canadian provinces and territories have adopted harmonised derivatives reporting regulations. These rules require reporting for OTC derivatives transactions, including rate, credit, equity, FX and commodity derivatives.
GTR is anticipated to begin support for public price dissemination in January 2017, across all Canadian provinces and territories, DTCC says.