{"id":76682,"date":"2023-12-17T22:02:45","date_gmt":"2023-12-18T03:02:45","guid":{"rendered":"http:\/\/ccma-acmc.ca\/en\/?p=76682"},"modified":"2023-12-18T09:59:18","modified_gmt":"2023-12-18T14:59:18","slug":"ccma-applauds-csa-for-final-ni-24-101-rule-change-announcement-lacmc-remercie-les-acvm-pour-la-regle-definitive-nc-24-101-appuyant-le-passage-a-t1","status":"publish","type":"post","link":"https:\/\/ccma-acmc.ca\/en\/ccma-applauds-csa-for-final-ni-24-101-rule-change-announcement-lacmc-remercie-les-acvm-pour-la-regle-definitive-nc-24-101-appuyant-le-passage-a-t1\/","title":{"rendered":"CCMA Applauds CSA for Final NI 24-101 Rule Change Announcement \/ L\u2019ACMC remercie les ACVM pour la r\u00e8gle d\u00e9finitive NC 24-101 appuyant le passage \u00e0 T+1"},"content":{"rendered":"<p><span class=\"break-words \"><span dir=\"ltr\">On December 15, 2023, the Canadian Capital Markets Association (CCMA) expressed the investment industry\u2019s <a href=\"https:\/\/ccma-acmc.ca\/en\/wp-content\/uploads\/CCMA-Applauds-CSA-for-Final-NI-24-101-Rule-Change-Announcement-2023-12-15-1.pdf\">appreciation<\/a> to the Canadian Securities Administrators (CSA) for their release on December 14 announcing adoption of amendments to National Instrument (NI) 24-101 Institutional Trade Matching and Settlement, in particular confirming the threshold time for 90% matching at 3:59 a.m. ET and avoiding the regulatory burden of a split report for Q2 2024 when the transition to T+1 is to be implemented on May 27, 2024.<\/span><\/span><\/p>\n<p>CCMA Executive Director Keith Evans said: \u201cThe final NI 24-101 rule announcement provides regulatory certainty and mitigation of implementation and transition risks, as well as a reduction in the likelihood of an increase in failed trades.\u201d<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p>Le 15 d\u00e9cembre 2023, l\u2019Association canadienne des march\u00e9s des capitaux (ACMC) a exprim\u00e9 <a href=\"https:\/\/ccma-acmc.ca\/en\/wp-content\/uploads\/LACMC-remercie-les-ACVM-pour-la-regle-definitive-NC-24-101-appuyant-le-passage-a-T1-2023-12-15.pdf\">la reconnaissance<\/a> du secteur de l\u2019investissement aux Autorit\u00e9s canadiennes en valeurs mobili\u00e8res (ACVM) pour leur annonce de l\u2019adoption des modifications \u00e0 la Norme canadienne (NC) 24-101 sur l\u2019appariement et le r\u00e8glement des op\u00e9rations institutionnelles, en particulier, la confirmation du seuil de temps pour l\u2019appariement de 90 % \u00e0 3 h 59 (HE) et en \u00e9vitant le fardeau r\u00e9glementaire d\u2019un rapport fractionn\u00e9 pour le T2 2024, lorsque la transition vers T+1 sera mise en \u0153uvre le 27 mai 2024.<\/p>\n<p>Le directeur ex\u00e9cutif de l\u2019ACMC, Keith Evans, a d\u00e9clar\u00e9 : \u00ab\u2009L\u2019annonce relative \u00e0 la NC 24-101 d\u00e9finitive apporte une s\u00e9curit\u00e9 r\u00e9glementaire et une r\u00e9duction des risques de mise en \u0153uvre et de transition, ainsi que par une moindre probabilit\u00e9 de hausse du nombre de transactions \u00e9chou\u00e9es.\u2009\u00bb<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On December 15, 2023, the Canadian Capital Markets Association (CCMA) expressed the investment industry\u2019s appreciation to the Canadian Securities Administrators (CSA) for their release on December 14 announcing adoption of amendments to National Instrument (NI) 24-101 Institutional Trade Matching and Settlement, in particular confirming the threshold time for 90% matching at 3:59 a.m. ET and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-76682","post","type-post","status-publish","format-standard","hentry","category-releases"],"acf":[],"_links":{"self":[{"href":"https:\/\/ccma-acmc.ca\/en\/wp-json\/wp\/v2\/posts\/76682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ccma-acmc.ca\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ccma-acmc.ca\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ccma-acmc.ca\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/ccma-acmc.ca\/en\/wp-json\/wp\/v2\/comments?post=76682"}],"version-history":[{"count":4,"href":"https:\/\/ccma-acmc.ca\/en\/wp-json\/wp\/v2\/posts\/76682\/revisions"}],"predecessor-version":[{"id":76692,"href":"https:\/\/ccma-acmc.ca\/en\/wp-json\/wp\/v2\/posts\/76682\/revisions\/76692"}],"wp:attachment":[{"href":"https:\/\/ccma-acmc.ca\/en\/wp-json\/wp\/v2\/media?parent=76682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ccma-acmc.ca\/en\/wp-json\/wp\/v2\/categories?post=76682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ccma-acmc.ca\/en\/wp-json\/wp\/v2\/tags?post=76682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}