DVP Rules [Entire Rulebook has been deleted]
Rule 2 — Applications for Participation and Participation Criteria
2.3 Payment and Settlement Facility Requirements of Principals
Where the Principal is itself a Depository Agent, the Principal shall not be required to appoint another Depository Agent to be its agent for the purposes of Rule 4. In such case, any of the DVP Rules applicable to a Depository Agent shall be performed by the Principal in its capacity as Depository Agent.