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Financial Markets Act, 2012 (Act No. 19 of 2012)

Regulations

Financial Markets Act Regulations

Chapter VI : Central Counterparties

33. Margin requirements

33.1 Exposure management

 

A central counterparty must—

(a) measure and assess its liquidity and credit exposures to each clearing member and, where relevant, to another central counterparty with which it has concluded an interoperability arrangement, on a near to real-time basis;
(b) have access in a timely manner and on a non-discriminatory basis to the relevant pricing sources to effectively measure its exposures.