SGX Rulebooks
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6B.3.2

Without prejudice to the generality of the foregoing, in addition to any Security Interest or other right or remedy which CDP may have under these Clearing Rules, contract, law or equity, and subject to any applicable restrictions pursuant to the provisions of the SFA and/or imposed by the Authority, CDP may at any time consolidate any or all accounts, notwithstanding that any relevant positions remain open, of the Clearing Member and set-off and/or transfer and/or apply any Collateral in such accounts towards satisfaction of any liabilities of the Clearing Member to CDP, whether or not:

(1) such Collateral and liabilities are denominated in the same currency; and
(2) such liabilities are due, owing or incurred, or joint or several.

Added on 21 January 201321 January 2013.

6B.3.1

Without prejudice and in addition to any Security Interest or other right or remedy which CDP may have under these Clearing Rules, contract, law or equity, and subject to any applicable restrictions pursuant to the provisions of the SFA and/or imposed by the Authority, CDP shall have a lien on all Collateral deposited with or provided to CDP and on any other monies and/or assets of the Clearing Member which may be or become available to CDP.

Added on 21 January 201321 January 2013.