The Depository Trust & Clearing Corporation issues statement on the upcoming Canadian Rewrite

With one month remaining until Canada’s amended trade reporting rules begin on 25 July 2025, The Depository Trust & Clearing Corporation (DTCC) comments on the following:

“With only one month remaining until the July 25, 2025, compliance date for the Canadian trade reporting rules rewrite, market participants are strongly encouraged to finalize their preparations. DTCC’s Global Trade Repository (GTR) service continues to offer its simulator tool and end-to-end testing environment to assist firms in assessing their readiness. DTCC urges clients to complete User Acceptance Testing (UAT) for the new Common Data Elements (CDE) fields, validation changes and reporting updates to ensure full compliance with the Canadian rewrite.

“As the industry leader in derivatives trade reporting across all thirteen Canadian provinces and territories, DTCC remains committed to supporting firms with production readiness for the Canadian rewrite. In addition, DTCC Consulting stands ready to support firms in the final weeks prior to go-live and is also available to assist with post compliance reviews and remediation efforts.”