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18.—(1) The clearing house must ensure that the systems and controls used in the performance of its functions are adequate, and appropriate for the scale and nature of its business.
(2) This requirement applies in particular to systems and controls concerning—
(a)the transmission of information;
(b)the assessment and management of risks to the performance of the clearing house’s functions;
(c)the operation of the matters mentioned in paragraph 19(2)(b) below; and
(d)(where relevant) the safeguarding and administration of assets belonging to users of the clearing house’s facilities.
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