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CCMA FAS Conference 2015 Agenda - CCMA: Paving the Way for Capital Markets

Join the CCMA FAS Conference in Whistler, BC, on September 11, 2015, as executives share insights on the past, present, and future of Canadian capital markets. Discover the organization's journey and future plans for T+2 settlement.

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CCMA FAS Conference 2015 Agenda - CCMA: Paving the Way for Capital Markets

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  1. CCMA & T+2 Keith Evans Executive Director – CCMA FAS Conference – Whistler BC September 11, 2015

  2. Agenda • CCMA – Where have you been? • CCMA – Where are you going? • T+2 - US Schedule • T+2 - Committee Structure • T+2 - Canadian Schedule • Questions

  3. CCMA – Where have you been? • CCMA was established in August 2000 • ‘Moth-balled’ in 2008 • Small Board has kept it as an active legal entity • Current members • IIROC • CBA • CDS • Initial projects were • STP • NI 24-101

  4. CCMA – Where are you going? • The Canadian Capital Markets Association (CCMA) is a federally incorporated, not-for-profit organization, launched to identify, analyze and recommend ways to meet the challenges and opportunities facing Canadian and international capital markets.   • The current priority of the CCMA is to coordinate a smooth transition to a two-day settlement period, or T+2. • Work for the Canadian financial industry. • Equities • Fixed Income • Mutual Funds • Includes all segments. • Buy side • Sell side • Custodians • Co-ordinate with the US timeline.

  5. T+2 – US Schedule

  6. T+2 Committee Structure CCMA Board of Directors T+2 Steering Committee (T2SC) Co-Chair – Keith Evans (CCMA) Co-Chair – Jason O”Born (RBCCM) CCMA (Executive Director) Operational Working Group (OWG) Co-Chair – Domenic Sgambelluri Co-Chair - TBD Legal/Regulatory Working Group (LRWG) Co-Chair – Jamie Anderson Co-Chair - TBD Communication/Education Working Group (CEWG) Co-Chair – TBD Co-Chair - TBD

  7. T+2 - Canadian Schedule • Re-activate CCMA – COMPLETE • Approve T+2 Committee (T2SC) Structure – COMPLETE • Send announcement of T2SC structure – COMPLETE • Initial meeting of the T2SC – October 15, 2015 • Identify T2SC membership – October 2015 • Agree on overall Canadian T+2 strategy – December 2015 • Identify major milestones – December 2015 • Identify major issues to be resolved – December 2015

  8. T+2 - Canadian Schedule • Send announcement of Working Group structure – COMPLETE • Identify Working Group composition – October 2015 • Identify Working Group membership – October 2015 • Working Group to feed information up to the T2SC • Initial meeting of the working groups – October 2015 • Identify major issues and milestones – December 2015

  9. Questions?

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