DVP Rules [Entire Rulebook has been deleted]
Rule 2 — Applications for Participation and Participation Criteria
2.5.1
Any Bank which meets the payment facility requirements of Settlement Banks under Rule 2.6.1 shall be eligible to participate as a Settlement Bank in DVP Settlement.
2.5.2
A Bank may apply to CDP for admission as a Settlement Bank in accordance with the procedures found in the DVP Procedures Handbook.
Amended on 3 October 20093 October 2009.
2.5.3
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.