National Environmental Management Act, 1998 (107 of 1998)
R 385
Financial Markets Act, 2012 (Act No. 19 of 2012)RegulationsFinancial Markets Act RegulationsChapter VI : Central Counterparties33. Margin requirements33.1 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. |
