Orderly winding-down framework requires bullion clearing corporations to settle or transfer positions and safeguard members' assets during operational cessation.

Every bullion clearing corporation must maintain an orderly winding-down framework for its critical operations and services in voluntary and involuntary scenarios. The framework must provide for timely settlement, cessation or transfer of positions and for transfer of members' collateral, deposits, margins and other assets to a bullion clearing corporation taking over the operations. It must also cover related matters necessary for an orderly transition or cessation of clearing functions.

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