Past version: Effective up to 21 Apr 2019
If CDP is notified by a Clearing Member under Rule 5.1F.1 or becomes aware (whether or not there has been any notification by the Clearing Member under Rule 5.1F.1) that such Clearing Member's adjusted net head office funds, as the case may be, or cash and/or acceptable government securities deposited with CDP or SGX-DC pursuant to Rule 5.1D.2(1) (whichever is applicable), have fallen below 150% of its total risk requirement, CDP may direct such Clearing Member to do one (1) or more of the following actions:—
(1) submit (where applicable), the statements of assets and liabilities, adjusted net head office funds, cash and/or acceptable government securities deposited with CDP or SGX-DC, aggregate indebtedness, total risk requirement, and such other statements as required by CDP at such interval and for such time frame as may be determined by CDP; and
(2) operate its business, or in the case of a Bank Clearing Member, its business governed by this Clearing Rules, in such manner and on such conditions as CDP may impose.
Added on 1 July 20081 July 2008 and amended on 25 August 200925 August 2009.