Assessment report 2005

SFE Clearing Corporation Pty Limited (SFECC) provides clearing and settlement services in relation to derivatives traded on SFE's market. Under s823C of the Corporations Act, ASIC is required to assess how well SFECC is complying with its obligations as a clearing & settlement facility licensee. In particular, we must assess whether there are adequate arrangements for supervision of the facility.

ASIC has concluded that SFECC does have adequate arrangements for supervision of its facility. This report is published by ASIC in accordance with s823C(6) of the Corporations Act.

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