Whole Section

  • 2.8 Participation in DVP Settlement By Clearing Bank

    • 2.8.1

      The Clearing Bank's participation in DVP Settlement shall be effected by the Clearing Bank Deed that contains a covenant by the Clearing Bank that the Clearing Bank undertakes to CDP to be bound by and to observe and comply with the provisions of these DVP Rules in so far as they apply in relation to the Clearing Bank.