“912AH Adequate financial resources for “912AH Adequate financial resources for CSF intermediaries

“912AH Adequate financial resources for CSF intermediaries

(1) This section applies to a financial services licensee that:
(a) is a CSF intermediary ; and
(b) is not:
  (i) a body regulated by APRA that is not required to comply with paragraph 912A(1)(d); or
  (ii) a market participant; or
  (iii) a clearing participant; or
  (iv) a financial services licensee that holds an Australian financial services licence authorising it to:
  (A) operate a registered scheme as a responsible entity; or
  (B) operate an IDPS (as defined in ASIC Corporations (Investor Directed Portfolio Services) Instrument 2023/669); or
  (C) provide a custodial or depository service, unless subsection 912AC(5) (as notionally inserted by ASIC Corporations (Financial Requirements for Custodial or Depository Service Providers) Instrument 2023/648) applies to it; or
  (v) a licensee to which section 912AB (as notionally inserted by ASIC Corporations (Financial Requirements for Issuers of Retail OTC Derivatives) Instrument 2022/705 applies.