Examples of Clearing Facilities in a sentence
The term "SF(CF)R" means the Securities and Futures (Clearing Facilities) Regulations 2013.
The resumption of normal operation of the Clearing Facilities shall be in accordance with the Operating Procedures.
During a Non-Clearing Day, the Clearing Facilities that are operable shall be operated in accordance with the Operating Procedures and any other circulars issued by HKICL dealing with the operation of the Clearing Facilities during periods of suspension.
SI and each Member shall jointly and severally indemnify and hold MA harmless in respect of any liability, claim, loss, damage or expense hereinbefore described in this Rule 2.3.5, such indemnity to survive the expiry or termination of any Member's use of the Clearing House or Clearing Facilities.
After reading, such themes and unexpected aspects can be written down along with other ideas for angles from which to analyze the text or transcript.
After such consultation HKICL will give notice in writing to all Members, JETCO, Credit Card Companies, HKSCC, OTC Clear and the relevant GD Settlement Centre in respect of clearing and settlement of e- Cheques, as to which of the Clearing Facilities will be available on the next Working Day.
HKICL shall keep confidential all information received from or collected on behalf of Members in connection with the Clearing House and/or Clearing Facilities and shall, except as otherwise required by law or pursuant to these Rules and/or the Operating Procedures, disclose the same only to those of its staff who require the information for the purpose of providing, managing and operating the Clearing House and/or the Clearing Facilities, or to MA or the Association.
In a case to which Rule 5.1, 5.2 or 5.3 applies, Clearing Facilities shall only be restored to the Member in question upon receipt by HKICL of a notice in writing to such effect from MA.
HKICL shall as agent for SI, subject to the provisions of these Clearing House Rules and in accordance with the Operating Procedures, provide, manage and operate the Clearing House and the Clearing Facilities and make available the services of the Clearing House and the Clearing Facilities to the Members.
These Guidelines on the Regulation of Clearing Facilities (“Guidelines”) are issued by the Monetary Authority of Singapore (“MAS”) pursuant to section 321 of the Securities and Futures Act (Cap.