Document ID: chunk:federal_register_of_legislation:F2019L00084:schedule:1:p3
Version: federal_register_of_legislation:F2019L00084
Segment Type: schedule
Provision Reference: sch 1 (pt 3/4)
Character Range: 7745–10971

with section 6 of the Passport Rules.

Financial resources

    54. Details about each compliance control to ensure compliance with obligations about meeting the financial resources test.

    55. Description of any other compliance controls to ensure compliance with section 7 of the Passport Rules.

Organisational arrangements

    56. Description of the procedures the operator must have in place to know when there are exceptional circumstances that would mean the derivative does not have to be closed or sold for a value in the time stated in paragraph 25(1)(c) of the Passport Rules.

    Track record

    57. Details about each compliance control to ensure compliance with obligations to meet the track record test.

    58. Description of any other compliance controls to ensure compliance with section 9 of the Passport Rules.

    59. Details about the procedures the operator has in place to monitor decisions in relation to the operation of financial asset collective investment schemes without substantial influence by any person who controls the operator.

Good standing

    60. Details about each compliance control to ensure compliance with obligations to meet the good standing test.

    61. Description of any other compliance controls to ensure compliance with section 10 of the Passport Rules.

Delegation and engagement of service providers

    62. Details about each compliance control to ensure compliance with obligations about delegating functions and engaging service providers.

    63. Description of any other compliance controls to ensure compliance with sections 11, 13 and 15 of the Passport Rules.

Reporting breaches and changes

    64. Details about each compliance control to ensure compliance with obligations about reporting breaches and changes.

    65. Description of any other compliance controls to ensure compliance with section 12 of the Passport Rules.

Monitoring by independent oversight entity

    66. Details about each compliance control to ensure compliance with obligations about monitoring by the independent oversight entity.

    67. Description of any other compliance controls to ensure compliance with section 14 of the Passport Rules.

Permitted assets and portfolio allocation and exposure

    68. Details about each compliance control to ensure compliance with obligations about permitted assets and portfolio allocation and exposures.

    69. Description of any other compliance controls to ensure compliance with Divisions 6.2, 6.3 and 6.4 of the Passport Rules.

Restrictions for loans, guarantees and underwriting

    70. Details about each compliance control to ensure compliance with obligations about restrictions for loans, guarantees or underwriting.

    71. Description of any other compliance controls to ensure compliance with section 43 of the Passport Rules.

Borrowing

    72. Details about each compliance control for compliance obligations about borrowing.

    73. Description of any other compliance controls to ensure compliance with section 44 of the Passport Rules.

Short-selling

    74. Details about each compliance control to ensure compliance with obligations about short-selling.

    75. Description of