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
Net worth requirements require recognised market infrastructure institutions to maintain minimum capital, subject to higher risk-based thresholds. Recognised market infrastructure institutions must maintain a minimum net worth of USD 3 million at all times. The Authority may prescribe a higher ... Summary
Net worth requirements require recognised market infrastructure institutions to maintain minimum capital, subject to higher risk-based thresholds.
Recognised market infrastructure institutions must maintain a minimum net worth of USD 3 million at all times. The Authority may prescribe a higher net-worth requirement as a risk-management measure, having regard to the nature and scale of the institution's business.
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