Amendments to CDS procedures and rules approved

Posted on March 13, 2009

The OSC has approved amendments to the procedures of Clearing and Depository Services Inc. (CDS) to reflect the transfer of the ISIN issuance service from CDS to a subsidiary as well as amendments to the rules of CDS relating to issuer electronic payments. The latter amendments will require that entitlement payments made to CDS be in electronic format as of November 1, 2011.

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