Consultation material
Response to Consultation – 1 April 2016 Central Counterparty Recovery – Response to Consultation Feedback on Exposure Draft Rules for Interim Replenishment of Default Funds.
Non-confidential submissions:
Operating Rules:
A copy of the proposed amended ASX Recovery Rules is available at: ASX Recovery Rulebook
A mark-up of the proposed amendments to the ASX Recovery Rules from those contained in the December 2015 Consultation Paper is available at: ASX Recovery Rulebook
Consultation Paper 4 – 4 December 2015
Exposure Draft Rules: ASX Recovery Rulebook
Response to Consultation – 17 August 2015
Non confidential submission:
Operating Rules:
A consolidation of the proposed new and amended operating rules for ASX Clear and ASX Clear (Futures) outlined in the April Consultation Paper and this Response to Consultation are available at:
- ASX Recovery Rulebook – Applicable to ASX Clear and ASX Clear (Futures)
- ASX Recovery Handbook – Applicable to ASX Clear and ASX Clear (Futures)
- ASX Clear Operating Rules – Consequential amendments
- ASX Clear (Futures) Operating Rules – Consequential amendments
A mark-up of the amendments to the proposed new and amended operating rules from those contained in the April Consultation Paper are available at:
- ASX Recovery Rulebook
- ASX Recovery Handbook
- ASX Clear Operating Rules – Extract of amended pages only
- ASX Clear (Futures) Operating Rules – Extract of amended pages only
Consultation Paper 2 – 21 April 2015
Central Counterparty Recovery – Consultation on Exposure Draft Rules to Implement loss allocation and replenishment tools for Clearing Participant default and non-default loss
International Comparison of CCP non-default loss allocation rules
Exposure Draft Rules:
- ASX Recovery Rulebook – Applicable to ASX Clear and ASX Clear (Futures)
- ASX Recovery Handbook – Applicable to ASX Clear and ASX Clear (Futures)
- ASX Clear Operating Rules – Consequential amendments
- ASX Clear (Futures) Operating Rules – Consequential amendments
Consultation Paper 1 – 2 October 2014
ASX Consultation Paper 1 Central Counterparty Recovery: uncovered loss allocation and replenishment tools for clearing participant default
Consultation Questions (Schedule 7 to ASX Consultation Paper 1).
International Comparison of CCP Recovery-Related Operating Rules.
Non-confidential submissions:
Reference Material
- Recovery of financial market infrastructures, CPMI IOSCO October 2014
- Recovery and Resolution of Central Counterparties, RBA Bulletin December Quarter 2013
- Central counterparty loss-allocation rules, Bank of England Financial Stability Paper No. 20 (April 2013)
- Resolution Regime for Financial Market Infrastructures, Australian Treasury Consultation Paper (February 2015)
