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change to the market condition and conduct a full validation of such model at least once a year. Clause 6 The derivatives clearing house shall apply effective measures and methods for monitoring and
account of nature, scale, quantity, complexity and diversity of businesses and services, as well as acceptable level of risks relevant to such businesses and services. 2 In case where any material change is
relevant to such businesses and services. 2 In case where any material change is made to its operating system, the intermediary shall deliver a report of such change to the SEC without delay. Clause 12 The
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