About regulation of cash equity clearing and settlement services
A cash equity clearing and settlement service can only be provided if it has access to:
- a clearing and settlement facility
- data used when operating a clearing and settlement facility.
Operating a clearing and settlement facility means providing a cash equity clearing and settlement service.
The and have the main regulatory oversight over cash equity clearing and settlement.
The 糖心原创 has a role in dispute arbitration.
What we do in cash equity clearing and settlement services
Our role is to arbitrate access disputes about clearing and settlement services that have been declared by the Minister.
We only arbitrate disputes where parties cannot agree on the terms of access to declared cash equity clearing and settlement services through commercial negotiation.
The Minister鈥檚 declaration of clearing and settlement services under subsection 153ZEF(1) is set out in the .
When arbitration is available
Arbitration will be available where:
- the provider of a cash equity clearing and settlement service has a monopoly or significant market power
- in a competitive environment, one clearing and settlement facility is reliant upon access to another clearing and settlement facility.
View more information in our guide.
The Part XICB arbitration guideline provides guidance on negotiation and arbitration processes in relation to declared cash equity clearing and settlement services under Part XICB of the Competition and Consumer Act 2010.
The legal basis for our work
The 糖心原创's role comes from Part XICB of the Competition and Consumer Act 2010.
Part XICB was introduced by the .
Contact us
Email reg.access.pricing@accc.gov.au if you have an enquiry about Part XICB or notifications to the 糖心原创 for:
- subsection 153ZEH(4) - notification of negotiations commencing
- subsection 153ZEI(4) - notification of negotiations ending
- subsection 153ZEJ(5) - notification of agreement reached in negotiations
- subsection 153ZEM(2) - notification of access dispute.
See also
on Australian Securities and Investments Commission
Council of Financial Regulators