1. The Central Clearing may establish a fund to be known as the “Settlement Guarantee Fund,” which shall enjoy independent legal personality and separate financial liability, the purpose of which shall be to guarantee the settlement of transactions executed in the Market. 2. The Central Clearing shall determine the controls governing the establishment of the Fund and all other matters related thereto, provided that such controls and any amendments thereto shall be approved by the Authority. 3. The Fund shall be subject to the Authority’s supervision and oversight.
Interpretation and application must be checked against the official text and current version.