GENERAL OBLIGATIONS OF A RECOGNISED DEPOSITORYInternational Financial Services Centres Authority (Market Infrastructure Institutions) Regulations, 2021
GENERAL OBLIGATIONS OF A RECOGNISED DEPOSITORYInternational Financial Services Centres Authority (Market Infrastructure Institutions) Regulations, 2021
Regulation 38 - Equal, fair and transparent access
International Financial Services Centres Authority (Market Infrastructure Institutions) Regulations, 2021 Chapter IV GENERAL OBLIGATIONS OF A RECOGNISED STOCK EXCHANGE AND A RECOGNISED CLEARING CORPORATION
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Equal access to clearing services requires transparent, non-discriminatory frameworks and prohibits bias favouring associates or related entities. Equal, fair and transparent access to clearing and settlement services requires recognised clearing corporations to maintain and publish a ... Summary
Equal access to clearing services requires transparent, non-discriminatory frameworks and prohibits bias favouring associates or related entities.
Equal, fair and transparent access to clearing and settlement services requires recognised clearing corporations to maintain and publish a non-discriminatory access framework. The framework must state the basis for shareholder stock exchange access and the requirements non-shareholder stock exchanges must satisfy to obtain access. Recognised stock exchanges and clearing corporations must provide equal, unrestricted and transparent access to all persons without favouring associates or related entities.
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