Procedure 10.2 of the Austraclear Regulations Procedures, Determinations and Practice Notes (the “Procedure”) has been amended to include additional circumstances in which participants must withdraw securities from the Austraclear System if required by Austraclear. Broadly, the additional circumstances are where the issuer or guarantor in relation to a security is a party to legal proceedings in connection with the obligations of the issuer or guarantor with respect to the security or the variation of any terms of the security.
Attached is a copy of the Procedure amendment.
Note the amendment. No other action required.
Katie McDermott, GM Post Trade Issuer Services Operations