CSD-3.1.16

Past version: Effective from 01 May 2009 to 31 Mar 2016
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In rule CSD-3.1.15, ''co-operative arrangement'' shall not include:

(a) Any joint development of products and services;
(b) Any joint marketing efforts between the licensed clearing house or central depository and the person operating an overseas market, or clearing or depository facility, in promoting the services of either entity; or
(c) Any memorandum of understanding for the exchange of information.