The New Quebec Derivatives Act - Key Transitional Measures Announced

Author: Ms Alix d'Anglejan-Chatillon

Author position: Stikeman Elliott LLP

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The New Quebec Derivatives Act - Key Transitional Measures Announced

As a follow-up to the recent announcement by the Quebec

Government on the coming into force of the new Derivatives

Act (the "QDA" or "Act") on February 1,

2009, the Autorité des marchés financiers

(the "AMF", Quebec's financial services regulator)

issued a press release on January 26, 2009 to announce a series of

important transitional measures. The coming-into-force documents

published by the AMF also include three policy statements relating

to the definition of "accredited counterparties", ...