Contents
- 1. Syndicates shall be selected pursuant to Chapter 1, Sectio…
- 2. The Commission shall send the requests for proposals to a…
- 3. The selection of the subgroup of eligible primary dealers…
- 4. The proposals received from eligible members referred to i…
- 5. The criteria for the transmission of requests for proposal…
3.The selection of the subgroup of eligible primary dealers to whom the request for proposals shall be sent, shall be based on objective qualitative and quantitative criteria, relating to the proven capacity of eligible primary dealers in supporting sovereign and supranational issuance in primary and secondary markets, and their ability to distribute debt securities to investors. Those criteria shall also include an assessment of the performance of the activities listed in Article 10. The Commission shall implement a rotation criterion to ensure that all eligible members of the primary dealer network are regularly invited to respond to requests for proposals.
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