Article 541-36 into force since
- Version into force since
The operating rules of the clearing house stipulate, in the event of the default of one or several clearing members:
The order of use of the financial resources at their disposal to cover the losses incurred in accordance with Article 45 of Regulation (UE) n° 648/2012 of the European Parliament and Council of 4 July 2012;
The amount of the dedicated own resources of the clearing house allocated in accordance with Paragraph 4 of Article 45 of Regulation (EU) n° 648/2012.
Where the clearing house considers that a clearing member is unable to meet its future obligations, it shall inform the AMF immediately.
Head of publications: The Executive Director of AMF Communication Directorate. Contact: Communication Directorate – Autorité des marches financiers 17 place de la Bourse – 75082 Paris cedex 02