2015/16 Assessment of ASX Clearing and Settlement Facilities A1.1 ASX Clear Standard 10: Physical deliveries

A central counterparty should clearly state its obligations with respect to the delivery of physical instruments or commodities and should identify, monitor and manage the risks associated with such physical deliveries.

Rating: Not applicable

ASX Clear did not clear any contracts with physical delivery obligations during the Assessment period. The Bank has concluded that CCP Standard 10 does not apply to ASX Clear.

10.1 A central counterparty's rules should clearly state its obligations with respect to the delivery of physical instruments or commodities.

Not applicable to ASX Clear.

10.2 A central counterparty should identify, monitor and manage the risks and costs associated with the storage and delivery of physical instruments or commodities.

Not applicable to ASX Clear.