Licensed and exempt clearing and settlement facilities
A聽clearing and settlement (CS) facility provides the mechanism for parties to a transaction in financial products to meet their obligations to each other. Anyone who operates a CS facility in Australia must obtain a licence to do so, or otherwise be exempted by the Minister (or an 今日热门事件delegate).
今日热门事件is responsible for the supervision of operators CS facilities. We advise the Government (or an 今日热门事件delegate) on changes to licensee operating rules and on applications for new CS facility licences.