Assessment of ASX Clearing and Settlement (CS) Facilities against the Principles for Financial Market Infrastructures (Principles) Appendix A: Details Supporting Assessment of Clearing and Settlement Facilities

This Appendix sets out detailed evidence relevant to each Key Consideration supporting ASIC's and the Bank's assessment of how well the four licensed CS facilities in the ASX Group – the two CCPs, ASX Clear and ASX Clear (Futures); and the two SSFs, ASX Settlement and Austraclear – observed the requirements of the Principles as at 30 June 2014. In their assessment, ASIC and the Bank have applied the rating system described in Section 3.

Part 7.3 of the Corporations Act divides responsibility for the oversight of CS facilities between ASIC and the Bank. Consistent with this division of responsibilities, ASIC and the Bank have agreed on the appropriate division of oversight responsibilities for each of the Principles between the two regulators, as set out in Table A1. This allocation of responsibilities was reflected in the process of completing the Assessment.