Book traversal links for Annex D
Annex D
C 9/2020 Effective from 10/2/2021Information to be collected from SO/SI by the Central Bank
To be submitted before the end of the first year of designation
- Liquidity commitment or other financial commitment by SI for daily operation of LVPS.
- Current credit rating(s) of SI.
- Throughput guidelines (if changed) from SO/SI.
- Results of stress testing, if any (once the results are available) from SO.
- Fees and cost from SO, including: -
- Joining cost (breakdown into (i) entry/admission fee, (ii) basic system set-up costs (limit to those costs known to SO) and membership fee).
- Calculation basis of (i) admission fee and (ii) membership fee.
- Transaction tariff (breakdown by types) and how the tariff is determined (e.g. whether determined on a cost-recovery basis).
- Other fees of participating in the LVPS, if any.
- Joining cost (breakdown into (i) entry/admission fee, (ii) basic system set-up costs (limit to those costs known to SO) and membership fee).
- Outsourcing plan (if any) (for any outsourcing plan not yet implemented) from SO.
- Internal and/or external auditor’s report on various risk areas (if any) from SO and/or SI.
To be submitted if and when available by SO and/or SI
- Development plan and business forecast for the designated LVPS for the coming year, if available.
- Budgetary plan highlighting the resources devoted to system maintenance and development for the coming year, if available.
To be submitted within two weeks when available by SO and/or SI
- Audited financial statements and accounts of SO and/or SI, such as balance sheet, cash flow statement, profit and loss account for the latest financial year.
- Results of stress testing, if any (once the results are available).
- Internal and/or external auditor’s report on various risk areas (if any) if initiated by SO/SI.
To be submitted within two weeks when changes are made, highlighting the changes
- Current credit rating(s) by SI.
- Throughput guidelines (if changed) by SI.
- Fees and Cost by SO.
- Outsourcing plan (if any) (when new plan is available) by SO.
- Business continuity plan (if any, during the year).
- Organization chart and structure (if changed) Throughput guidelines (if changed) by SO and/or SI.
- Business continuity plan (if any, during the year) by SO and/or SI.
- LVPS specifications by SO and/or SI.
To be submitted as and when required by the Central Bank
- Internal and/or external auditor’s report on various risk areas as and when required by the Central Bank.
To be submitted on a yearly basis
- Liquidity commitment or other financial commitment by SI for daily operation of LVPS.
- Development plan and business forecast for the designated LVPS for the coming year, if available by SO and/or SI.
- Budgetary plan highlighting the resources devoted to system maintenance and development for the coming year, if available by SO and/or SI.