摘要:The financial crisis revealed important weaknesses in the infrastructure of over-the-counter (OTC) derivatives mar-kets. As a result, leaders of the Group of 20 (G-20) agreed to reform these markets to improve their transparency, protect against market abuse and, ultimatel y, to mitigate systemic risk.2This report focuses on Canada's approach to implementing one key element of the reform agenda: the commitment that all standardized OTC derivatives should be cleared through central counterparties (CCPs).