文献资料-consultation_paper_enhancing_equity_settlement_system.docVIP

Enhancing Australia’s Equity Settlement System Consultation Paper Request for Comment Request for Comment: logistics ASX would value your input on these important issues. Your responses should be provided in the designated areas of each part of the document (see further instructions below). Please complete the following contact details prior to submitting your updated version of this document to ASX: Clearing/Settlement Participant(s): - If you are responding on behalf of more than one, please list all ASX participants. - If you are not a Clearing/Settlement Participant, please state your company’s name and function. Contact Name: Position Title: Phone Number: Email: How to use this document to provide your response You should be running Microsoft Word 2000 (or a later version) to use this document. Please type your response to each question in the box provided below it. Microsoft Word will create extra lines for you if the space provided is not sufficient. Once you are satisfied with your response, please save the document and attach it in an email to: Paul Jones General Manager, Clearing Risk Policy ASX Ltd Level 5, 20 Bridge Street Sydney NSW 2000 Telephone: +61 2 9227 0561 E-mail: paul.jones@.au Due date for submissions Submissions in response to the Market Consultation Paper should be received no later than Friday 20 February 2009. A. Introduction Overview Secure and efficient equity settlement is essential to the operation of the Australian equity markets. The Australian Securities Exchange (ASX), through its subsidiary the ASX Settlement and Transfer Corporation (ASTC), is responsible for the provision of these services to the market. In so doing, ASTC holds a Clearing and Settlement facility licence and must comply with the licence’s obligations which include the Reserve Bank’s Financial Stability Standard for Securities Settlement Facilities. This mandates ASTC to ‘conduct its affairs in a prudent manner…..contributing to the o