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Article 52 Of Chapter 4
Section: Clearing Agency

The Clearing Agency shall inform the Authority at the earliest of the following:

1 - If it found that any of its counterparty became unable to abide by any of the rules applicable to operations of clearing, settlement and placement.

2 - If it deemed that the financial position of counterparty and his ability to fulfill his obligations has given signs of instability, or his ability to fulfill his obligation has already become unstable.

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