Past version: Effective from 31 Dec 2013 to 16 Jul 2019

If there is at any time any downgrade in the rating of a General Clearing Member approved by the Clearing House to clear OTCF Contracts or, as the case may be, its holding company, such that it falls below the minimum prescribed rating, the Clearing House may, in its absolute discretion, impose additional conditions as it deems fit for permitting the General Clearing Member to continue to clear OTCF Contracts.

Added on 3 November 20103 November 2010 and amended on 31 December 201331 December 2013.