(a) A designated financial market utility must implement rules, procedures, or operations designed to ensure that it meets or exceeds the following risk-management standards with respect to its payment, clearing, and settlement Activities.
CFR 12-234.3-2014 history
2014CFR 12-234.3-2014 Banks and banking. Part234:Designated financial market utilities (regulation HH). Section234.3:Standards for payment systems.