Corporations Regulations 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.3 - LICENSING OF CLEARING AND SETTLEMENT FACILITIES  

Division 2 - Regulation of CS facility licensees: the facility's operating rules and procedures  

REGULATION 7.3.06  

7.3.06   CONTENT OF LICENSED CS FACILITY'S WRITTEN PROCEDURES  
For subsection 822A(2) of the Act, the following matters are matters in respect of which a licensed CS facility must have written procedures:

(a) arrangements to ensure the integrity and security of systems (including computer systems);

(b) identifying and monitoring risks that are relevant to the licensed CS facility;

(c) the development of rules and procedures to address those risks;

(d) exchange of appropriate information with:

(i) other clearing and settlement facilities; and

(ii) financial markets; and

(iii) ASIC and the Reserve Bank of Australia;

relating to participants and their activities that are relevant to the licensed CS facility;

(e) the provision of information about the procedures of the licensed CS facility, including rights, obligations and risks relating to the facility;

(f) arrangements for supervising the licensed CS facility, including the monitoring of compliance by participants and issuers with the operating rules of the licensed CS facility.