A Clearing Agency shall inform the Authority at the earliest of the following:1. If it is found that any of its counterparties became unable to abide by any of the rules applicable to operations of clearing, settlement and depository.2. If it is deemed that the financial position of any counterparty and its ability to fulfil its obligations has given signs of instability, or his ability to fulfil his obligation has already become unstable.Notification shall include a statement of the case setting out, where relevant, the name of the counterparty, trading number, civil identification number, a statement of the due net amount of money or that there is no due balance, a statement of the name and number of the purchased or sold Securities as well as the procedure held in that concern. In addition, both the Exchange and the concerned entity shall be provided with a copy of that notification.