CIPR 1.2.10 Who is an eligible counterparty of an authorised firm?

(1) Each of the following, if a customer of an authorised firm, is an eligible counterparty:
(a) an authorised firm;
(b) a regulated financial institution;
(c) an eligible clearing house or eligible exchange;
(d) a government, government agency, or central bank or other national monetary authority, of any jurisdiction;
(e) a state investment body, or a body charged with, or intervening in, the management of the public debt;
(f) a supranational organisation, the members of which are jurisdictions, central banks or national monetary authorities.
(2) In subrule (1) (c):

eligible clearing house means a clearing house that meets the following requirements:
(a) transactions on a regulated exchange may be cleared through it;

Note For regulated exchange, see the glossary.
(b) it is incorporated or otherwise established in a jurisdiction outside the QFC;
(c) the Regulatory Authority has not, by notice published on an approved website, declared that this definition does not apply to the jurisdiction.
eligible exchange means a regulated exchange for which the Regulatory Authority has not, by notice published on an approved website, declared that this definition does not apply to the jurisdiction in which the exchange is incorporated or established.
Derived from QFCRA RM/2019-2 (as from 1st January 2020).