7. Titles III and IV of this Act and Chapter III.1 of Title I of the Act respecting the regulation of the financial sector (chapter E-6.1) do not apply to activities or transactions in over-the-counter derivatives involving accredited counterparties only or in any other case specified by regulation.
However, Chapter III.1 of Title I of the Act respecting the regulation of the financial sector does apply if a derivative is offered or entered into in the circumstances described in section 150, 151 or 153.
Sections 94 to 114 and Division III of Chapter I and Divisions I and II of Chapter II of Title V do not apply to the entities referred to in paragraph 1 or 2 of the definition of “accredited counterparty” in section 3 or to the Business Development Bank of Canada.
2008, c. 24, s. 7; 2011, c. 26, s. 36; 2018, c. 23, s. 811.