Corporations Act 2001 - Determination of Financial Stability Standards
Determination of Financial Stability StaDetermination of Financial Stability Standards
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Determination of Financial Stability Standards
Pursuant to subsection 827D(1) of the Corporations Act 2001 (the Act), the Reserve Bank of Australia (Reserve Bank) determines the following financial stability standards that apply to certain classes of clearing and settlement facility licensees:
- Financial Stability Standards for Central Counterparties as set out in Annexure A (CCP Standards).
In accordance with paragraph 827D(5)(a)(ii) of the Act, the CCP Standards will come into force as follows:
CCP Standards
CCP Standards 3.5, 4.8, 7.3, 7.9, 13.1, 13.2, 13.3, 14.3 and 16.11 will come into force on 31 March 2014. All other CCP Standards will come into force on 29 March 2013.