Risk management framework implementation requires exchanges to implement controls before resuming trading and report compliance. Exchanges must operationalize the comprehensive risk management framework by Monday, 30th May 2005 and shall not permit trading unless they can implement the revised framework; they must test and rectify software issues beforehand, notify member brokers/clearing members, publish the circular on their websites, and report implementation status in the May 2005 Monthly Development Report (Section II, item 13).
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Risk management framework implementation requires exchanges to implement controls before resuming trading and report compliance.
Exchanges must operationalize the comprehensive risk management framework by Monday, 30th May 2005 and shall not permit trading unless they can implement the revised framework; they must test and rectify software issues beforehand, notify member brokers/clearing members, publish the circular on their websites, and report implementation status in the May 2005 Monthly Development Report (Section II, item 13).
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
