Document ID: chunk:federal_register_of_legislation:F2023N00319:front:0:p6
Version: federal_register_of_legislation:F2023N00319
Segment Type: other
Provision Reference: 
Character Range: 12993–15921

of transactions per asset class for the current financial year, as at the end of the 7 day period;
           (b) DDRS must:
              (i) make available at no charge and through a publicly accessible website within 5 days from the end of each 7 day period, the statistical data referred to in paragraph (a) for each 7 period; and
              (ii) ensure that the statistical data for each 7 day period remains available for at least 14 days from the date it is first made available; and
           (c) DDRS must not include data that is capable of identifying a counterparty to a Derivative Transaction in the statistical data referred to in paragraph (a).

13 Exemption 9 (Governance)
DDRS does not have to comply with Rule 2.4.1 of the DTRRs for so long as DDRS complies with the following conditions:

           (a) DDRS must comply with paragraphs 46I(1)(b), (c) and (i) and 46J(a) of the SFA;

           (b) DDRS must reserve a position for, and make reasonable endeavours to appoint, a member of its Board who is:

              (i) a representative of a Participant that is an Australian ADI that has its principal place of business in Australia; and

              (ii) an Australian citizen;

           (c) DDRS must:

              (i) adopt a crisis management plan which provides for clearly defined processes in crises and emergencies for decision making and for communicating with Participants and Australian Regulators; and

              (ii) provide ASIC with access to the crisis management plan DDRS proposes to adopt under subparagraph (i), at least 1 week before adopting the crisis management plan.

14 Exemption 10 (Handling Conflicts of Interest)
DDRS does not have to comply with Rule 2.4.2 of the DTRRs for so long as DDRS complies with the following conditions:
           (a) DDRS must comply with subsection 46E(5) of the SFA in relation to any conditions or restrictions imposed on its Singapore Licence relating to conflicts of interest;
           (b) DDRS must maintain and enforce its policies and procedures in respect of conflicts of interest in substantially the form of the DTCC Data Repository (Singapore) Pte. Ltd. Compliance Manual and the DTCC Data Repository (Singapore) Pte. Ltd. Conflict of Interest Resolution Policy as at the date of this instrument.

15 Exemption 11 (Monitoring and enforcement of compliance with obligations)
DDRS does not have to comply with Rule 2.4.3 of the DTRRs for so long as DDRS complies with the following conditions:
           (a) DDRS must establish, implement, maintain and enforce policies, procedures, systems and controls for monitoring and enforcing 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