01680cas a2200241 a 4500 AALejournalIMF009852 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451807035 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Canada : Financial Sector Assessment Program; Detailed Assessment of Observance of the CPSS/IOSCO Recommendations for Securities Settlement Systems. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (41 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The Canadian Depository for Securities (CDS) is the operator of the securities settlement system. The design and operations of the CDS are covered by a solid legal basis. The regulatory framework is clear and transparent to market participants. The risk management procedures of the CDS as a Central Counterparty (CCP) have not yet been assessed against the Committee on Payments and Settlements Systems Recommendations for CCP. The CDS should explicitly assess the benefits and costs of acting as a CCP for trade-for-trade (TFT) transactions. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2008/060 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/060/002.2008.issue-060-en.xml IMF e-Library