Document ID: chunk:federal_register_of_legislation:F2023N00319:front:0:p7
Version: federal_register_of_legislation:F2023N00319
Segment Type: other
Provision Reference: 
Character Range: 15643–18483

compliance by its Officers and employees with:
              (i) the conditions of the Australian Licence on and from the time the obligations in those conditions commence; and
              (ii) the conditions of exemptions granted to DDRS by ASIC under paragraph 907D(2)(a) of the Corporations Act, including the exemptions in this instrument; and
              (iii) Part 2.3 of the DTRRs, to the extent DDRS is not exempt from that Part under paragraph 907D(2)(a) of the Corporations Act, and Rule 2.7.3 of the DTRRs; and
              (iv) Division 2 of Part 5B.2 and Division 6 of Part 7.5A of the Corporations Act; and
           (b) DDRS must ensure that the policies, procedures, systems and controls required by the condition in paragraph (a) are reviewed, audited and tested periodically and after significant changes, to ensure compliance with the condition in paragraph (a).

16 Exemption 12 (Risk Management)
DDRS does not have to comply with Rule 2.4.4 of the DTRRs for so long as DDRS complies with the condition that DDRS must comply with paragraph 46I(1)(b) and section 46J of the SFA.

17 Exemption 13 (Resources)
DDRS does not have to comply with Rule 2.4.5 of the DTRRs for so long as DDRS complies with the condition that DDRS must comply with paragraph 46I(1)(g) and section 46J of the SFA.

18 Exemption 14 (Human Resources)

       DDRS does not have to comply with Rule 2.4.6 of the DTRRs for so long as DDRS complies with the following conditions:

           (a) DDRS must comply with paragraph 46I(1)(g) and (j) and sections 46V and 46Z of the SFA;

           (b) DDRS must comply with regulation 21 of the SF Regulations.

19 Exemption 15 (Financial Resources)

       DDRS does not have to comply with Rule 2.4.7 of the DTRRs for so long as DDRS complies with the following conditions:

           (a) DDRS must comply with paragraph 46I(1)(g) of the SFA;

           (b) DDRS must comply with regulation 7 of the SF Regulations;

           (c) DDRS must comply with subsection 46E(5) of the SFA in relation to any conditions or restrictions imposed on its Singapore Licence relating to financial resources.

20 Exemption 16 (Integrity and Security of Computer Systems and Other Systems)

       DDRS does not have to comply with Rule 2.4.8 of the DTRRs for so long as DDRS complies with the following conditions:

           (a)  DDRS must comply with subparagraph 46I(1)(g) and section 46O of the SFA;

           (b)  DDRS must comply with regulation 16 of the SF Regulations.

21 Exemption 17 (Operational Reliability)
DDRS does not have to comply with Rule 2.4.9 of the DTRRs for so long as DDRS complies with the following conditions:
           (a) DDRS must comply with paragraphs 46I(1)(a), (b), (e), (g) and (i) of the SFA;
           (b) DDRS must comply with regulation 16(1) of the SF