DVP Rules [Entire Rulebook has been deleted]
Rule 2 — Applications for Participation and Participation Criteria
2.5 Application for Participation in DVP Settlement by Settlement Banks
Notwithstanding that a Bank is eligible to participate as a Settlement Bank in DVP Settlement, admission as a Settlement Bank shall be subject to the absolute discretion of CDP and shall be subject to such additional requirements, undertakings, terms and conditions as CDP may, in its absolute discretion, deem fit.