IRGiT SA (“IRGiT”) has amended the Regulations of the Exchange Clearing House (ECH) (Commodity Market)

IRGiT SA (“IRGiT”) has amended the Regulations of the Exchange Clearing House (ECH) (Commodity Market) (“ECH Regulations”), including:

  • introduction of the definition of Infringement and a catalog of actions that IRGiT can take if a case of Infringement by a Clearing House Member is found,
  • update of the provisions regarding the operating principles of Guarantee Funds,
  • clarification of the provisions allowing a Clearing House Member to act as a representative of an Exchange Member,
  • update of the provisions on measures to maintain order and disciplinary measures,
  • changes to the Table of Fees and Charges.

The amendments shall come into force as of 1 April 2021.

Details of the amendments.