The Collateral Infrastructure and Market Practices Advisory Group and Canadian Depository for Securities, on behalf of the Canadian Fixed-Income Forum, announce the start of a trial period for the framework on a fee for failing to settle Government of Canada bond and T-bill transactions.
Today, the Collateral Infrastructure and Market Practices Advisory Group (CIMPA), TMX Group and Clearstream announced the successful start of repo trading using the standardized Government of Canada General Collateral (GoC GC) basket on the Canadian Collateral Management Service (CCMS) platform.
CFEC is a senior level industry-wide committee to facilitate the sharing of information between market participants and the Bank on the foreign exchange market.
The Governing Council is the policy-making body of the Bank. It consists of the Governor, Senior Deputy Governor, and four Deputy Governors. It is responsible for monetary policy, decisions aimed at promoting a sound and stable financial system, and the strategic direction of the Bank.
Read about the policies for Lynx, the Automated Clearing Settlement System and Real-Time Rail, and learn how to apply for a settlement account for these payment systems.
This policy establishes the requirements that the applicant must meet for the Bank of Canada to consider granting a settlement account for the Real-Time Rail.