(6)The legally binding requirements applicable to CCPs authorised in Chile are laid down in Law No 20.345 of 2009 2 regulating clearing and settlement of financial instruments (‘the primary rules’) as well as in the general rules (Normas de Caracter General) and circulars issued by the Comisiόn para el Mercado Financiero (CMF) (‘the secondary rules’). Those rules together set out the standards and requirements that CCPs authorised in Chile have to comply with on an ongoing basis.
Recital 6
- 2 Diario Oficial de la Republica de Chile, Núm. 39.380, 6 June 2009. ↩