Description

The Canadian Depository for Securities (CDS) is the operator of the securities settlement system. The design and operations of the CDS are covered by a solid legal basis. The regulatory framework is clear and transparent to market participants. The risk management procedures of the CDS as a Central Counterparty (CCP) have not yet been assessed against the Committee on Payments and Settlements Systems Recommendations for CCP. The CDS should explicitly assess the benefits and costs of acting as a CCP for trade-for-trade (TFT) transactions.

People who purchased this product also purchased

People’s Republic of China : Hong Kong Special Administrative Region: Selected Issues ($18.00)

China and India Learning from Each Other : Reforms and Policies for Sustained Growth ($35.00)

Fiscal Policy Formulation and Implementation in Oil-Producing Countries ($37.00)

Taxonomy

Capital markets , Financial institutions and markets , Securities markets

More publications in this series: IMF Staff Country Reports