Notification shall come into force as from 1 July 2017. Chapter 1 General Provisions Part 1 Objectives of the Supervision of Derivatives Clearing Houses Clause 2 A derivatives clearing and settlement system is a
) assets contributed by members; (2) assets procured as collateral for clearing and settlement of securities; (3) assets procured for protection of the trading, clearing and settlement of securities; (4
Objectives of the Supervision of Securities Clearing Houses and Central Securities Depositories Clause 2 A securities clearing and settlement system is a fundamental system which has connection to the
personnel in undertaking the business; and (5) being able to show that the clearing house which will provide the clearing and settlement services for the derivatives exchange to be established has been
holding securities for investment by the securities company itself; (3) Bearing a responsibility for the clearing and settlement for securities. (As amended by Section 5 of the Securities and Exchange Act
intermediary under receivership by court order for the benefit of managing the clearing and settlement of derivatives or securities of clients, and for the management of clients’ assets having no obligations
intermediary under receivership by court order for the benefit of managing the clearing and settlement of derivatives or securities of clients, and for the management of clients’ assets having no obligations
not subject to the Derivatives Act B.E. 2546 (2003): (1) contracts that are considered securities; (2) contracts of purchase or sale of securities for which the settlement is made via a clearing house
not subject to the Derivatives Act B.E. 2546 (2003): (1) contracts that are considered securities; (2) contracts of purchase or sale of securities for which the settlement is made via a clearing house
Securities and Exchange Commission No. Sor Thor. 30/2559 Re: Rules in Detail on Financial Resource and Risk Management of Derivatives Clearing Houses ________________________ By virtue of Clause 5 (1), in