Rules of the Securities Clearing Center

Release Date:	1446-04-11
Release Tool:	Councils and commissions decisions
Issuance Instrument Number:	2024-116-1
Validity:	Valid
Summary:	By AI The rules of the Securities Clearing Center include the organization of clearing membership and the roles of members, specifying the obligations and notices related to clearing. The rules aim to regulate member entry and their relationship with clients, with the possibility of exempting certain individuals with the approval of the authority. The rules define the limits of the center's liability, as it does not bear any damages resulting from member errors except for gross negligence, and the cen...

Release Date:

1446-04-11

Release Tool:

Councils and commissions decisions

Issuance Instrument Number:

2024-116-1

Validity:

Valid

Summary:

By AI

The rules of the Securities Clearing Center include the organization of clearing membership and the roles of members, specifying the obligations and notices related to clearing. The rules aim to regulate member entry and their relationship with clients, with the possibility of exempting certain individuals with the approval of the authority. The rules define the limits of the center's liability, as it does not bear any damages resulting from member errors except for gross negligence, and the cen...