Notice of Ministerial Approval of the Memorandum of Understanding Respecting the Resolution of Certain Clearing and Settlement Systems

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The Minister of Finance has approved, pursuant to section 143.10 of the Securities Act (Ontario), a Memorandum of Understanding Respecting the Resolution of Certain Clearing and Settlement Systems among the Bank of Canada, Ontario Securities Commission, Autorité des marchés financiers and the British Columbia Securities Commission (the MOU).

The MOU sets out how the parties to the MOU will cooperate, share information, consult and coordinate, for the purposes of planning for, and coordinating, the resolution of a Regulated System, as defined in the MOU.

The MOU was published in the Bulletin on October 28, 2021 at (2021), 44 OSCB 8845.

Contact Information

Questions may be referred to:
Emily Sutlic
Senior Legal Counsel, Ontario Securities Commission
Tel: 416-593-2362
Email: [email protected]


Aaron Ferguson
Manager, Market Regulation
Tel: 416-593-3676
Email: [email protected]