www.jpx.co.jp/jscc/sankasha/irs/irs.html

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参加者基準 | 株式会社日本証券クリアリング機構

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https://www.jpx.co.jp/jscc/sankasha/irs/irs.html

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This page outlines the participation criteria for interest rate swap clearing services at the Japan Securities Clearing Corporation (JSCC). Participants must be financial instruments business operators or registered financial institutions with appropriate financial standards and management structures. Required standards include minimum capital of 50 million USD, capital adequacy ratios exceeding 200%, and sufficient creditworthiness. For registered financial institutions, either international unified standards (Tier 1 ratio over 6%) or domestic standards (capital ratio over 4%) apply depending on overseas operations. Parent company guarantees can help meet acquisition criteria. Detailed guidelines on creditworthiness assessment are available in JSCC's regulatory documents.