Whole Section

  • 20.2 CDP'S Authority to Disclose Information Concerning Settlement Bank

    • 20.2.1

      CDP shall have the authority to disclose the details of any information concerning the Settlement Bank's participation in DVP Settlement if so required by the Principal whom the Settlement Bank represents or by the Clearing Bank and if so required by any applicable law, decree, regulation, order or request of any government, court, tribunal, or other competent authority.

    • 20.2.2

      Without prejudice to Rule 20.2.1, CDP shall have the authority to disclose the Net-Net Debit or Credit Balances of the Settlement Bank to the Principals represented by the Settlement Bank, to the other Settlement Banks and to the Clearing Bank.