The following requirements apply in relation to material changes to the capital and financial requirements specified in Rule 2.5.2(c):
(a) a Bank Trading Member shall immediately notify the Exchange if it fails to meet or becomes aware that it will fail to meet the capital and financial requirements referred to in Rule 2.5.2(c), or such higher capital and financial requirements as the Exchange may have imposed under Rule 2.5.4, or if any event in relation to its regulatory capital and liquidity ratios that is required to be reported to its Relevant Regulatory Authority has occurred; and
(b) if the Exchange is notified by the Bank Trading Member under this Rule or otherwise becomes aware that a Bank Trading Member has failed to meet the capital and financial requirements referred to in Rule 2.5.2(c), or such higher capital and financial requirements as the Exchange may have imposed under Rule 2.5.4, or that a reportable event in relation to its regulatory capital and liquidity ratios has occurred, the Exchange may direct that Bank Trading Member to comply with any or all of the requirements described under Regulation 7(3) of the Financial and Margin Regulations, in respect of the Bank Trading Member's business that is governed by this Rules.
Added on 22 April 201922 April 2019.