Canadian Securities Regulators Establish Regulatory Regime For Financial Benchmarks Date 29/04/2021 The securities regulatory authorities of British Columbia, Alberta, Saskatchewan, Ontario, Québec, New Brunswick, and Nova Scotia today adopted final rules to establish a Canadian regulatory regime for financial benchmarks. “With the adoption of these rules, the public can be confident that Canadian financial benchmarks remain robust, reliable, and aligned with international standards,” said Louis Morisset, CSA Chair and President and CEO of the Autorité des marchés financiers. Currently, there are no formal securities regulatory requirements or oversight in Canada for benchmarks, and those that administer them, contribute data used to determine them or use them. The rules published today provide a comprehensive regime for the designation and regulation of benchmarks, as well as persons or companies that administer them. Additionally, the rules provide a framework for the regulation of persons or companies that contribute data used to determine a designated benchmark.