5.1F.1

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CDP Clearing Rules

Rule 5 — Financial/Capital Requirements 5.1F Notification Requirements of Clearing Members Incorporated Outside Singapore

Up to 21 Apr 2019
22 Apr 2019 onwards

Each Clearing Member incorporated outside Singapore shall:

(a) In the case of a General Clearing Member, immediately notify CDP if its adjusted net head office funds fall below 150% of its total risk requirement; and

(b) In the case of a Bank Clearing Member, immediately notify CDP of any event in relation to its regulatory capital and liquidity ratios that is required to be reported to its Relevant Regulatory Authority.

Added on 1 July 2008 1 July 2008 and amended on 25 August 2009 25 August 2009 and 22 April 2019 22 April 2019.