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Book V - Market infrastructures
Title IV - Clearing houses
Chapter I - Common provisions
Section 4 - Clearing house participation conditions
Article 541-19 from 16/06/2014

Article 541-19 into force since

  • Version into force since
ELI : /en/eli/fr/aai/amf/rg/article/541-19/20140616/notes

The clearing house checks that its operating rules are being complied with by its clearing members.

It enters into a membership agreement with each of their clearing members. By the terms of this agreement, the clearing members agree notably to:

  1. Comply with the rules established by the clearing house at all times;

  2. Reply to any request for information made by the clearing house;

  3. Submit to inspections conducted by the clearing house;

  4. Rectify, at the behest of the clearing house, any situation in which it no longer meets the conditions for membership.