Today ASX Clear published a consultation paper which proposes a consolidation of the two capital measures that non-bank ASX Clear participants are currently required to maintain as per Schedule 1 of the ASX Clear Operating Rules, into a single capital measure.
The consultation paper can be viewed here . Appendix A of the paper outlines the draft rule amendments to give effect to the proposal, and Appendix B outlines draft miscellaneous rule amendments to ensure currency and accuracy of references.
ASX Clear Participants should familiarise themselves with the proposal and are encouraged to provide feedback in writing by 30 November 2020. Responses should be submitted via email to crateam@asx.com.au.
Colm Grace, General Manager, Clearing Risk Policy & Management
Marisa Khan or Trully Smith
1800 636 850
Email: CRAteam@asx.com.au