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  • SGX Rulebooks
    • Mainboard Rules
    • Catalist Rules
    • SGX-ST Rules
    • CDP Clearing Rules
      • Rule 1 — Application and Definitions
      • Rule 2 — Administration
      • Rule 3 — Membership
      • Rule 4 — Appointment of Chief Executive Officers and Directors
      • Rule 5 — Financial/Capital Requirements
      • Rule 5A — Position Accounts
      • Rule 6 — Clearing and Settlement between Clearing Members and CDP
      • Rule 6A — Margin Requirements
      • Rule 6B — Collateral
      • Rule 6C — Payments
      • Rule 7 — Clearing Fund
        • 7.1 Establishment of Clearing Fund
        • 7.2 Contributions by Clearing Members
        • 7.3 Form of Contributions
        • 7.4 Contributions by CDP
          • 7.4.1
          • 7.4.2
          • 7.4.3 [Rule has been deleted.]
          • 7.4.4
        • 7.5 Insurance Policy
        • 7.6 CDP'S Standby Line of Credit [Rule has been deleted.]
        • 7.7 Investment of Assets of Clearing Fund
        • 7.7A Interest and fees
        • 7.8 Application of Clearing Fund
        • 7.9 Order of Application of Contributions
        • 7.10 Top-Up of Clearing Member's Contributions in an Event of Default
        • 7.11 Resignation
        • 7.12 Recovery of Sums
        • 7.13 Return of Contributions
        • 7.14 Calculation of Variable Deposit [Rule has been deleted.]
        • 7.15 Time of Payment of Contributions
      • Rule 8 — Default Rules
      • Rule 9 — Suspension or Restriction
      • Rule 10 — Liabilities
      • Rule 11 — Supervisory Rules
      • Rule 12 — Foreign Market Links
      • Rule 13 — General
      • Rule 14 — Transitional Provisions
      • Appendices
      • Regulatory Notices to CDP Clearing Rules
      • Practice Notes
      • Schedules
    • CDP Settlement Rules
    • DVP Rules [Entire Rulebook has been deleted]
    • CDP Depository Rules
    • Futures Trading Rules
    • SGX-DC Clearing Rules
    • SIAC DT Arbitration Rules
    • SIAC DC Arbitration Rules
    • Archive
    • Rule Amendments
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Breadcrumb

  1. SGX Rulebooks
  2. CDP Clearing Rules
  3. Rule 7 — Clearing Fund
  4. 7.4 Contributions by CDP
  5. 7.4.4
  Versions

 
  • 02 May 2011
  • 03 May 2011
‹ 7.4.3 [Rule has been deleted.] 7.5 Insurance Policy ›

7.4.4

Past version: Effective up to 02 May 2011

CDP shall have the absolute discretion to decide upon the bank or banks with which the cash portion of CDP Contribution is to be placed on deposit and the terms of deposit, provided that any such bank shall be a licensed bank in Singapore within the meaning of the Banking Act (Cap. 19).

‹ 7.4.3 [Rule has been deleted.] 7.5 Insurance Policy ›
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