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| fxdemo:07-part:12-architectural-principles:12-1-qualified-participation:start [2026/07/11 11:07] – ↷ Links adapted because of a move operation nick_dido | fxdemo:07-part:12-architectural-principles:12-1-qualified-participation:start [2026/08/05 19:42] (current) – [Example] dan |
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| A participant does not receive governed work merely because it is present in the market. A Node does not receive governed work merely by connecting to the technical environment. The market recognises participation through qualification and assigns governed work when eligibility and selection criteria support the assignment. | A participant does not receive governed work merely because it is present in the market. A Node does not receive governed work merely by connecting to the technical environment. The market recognises participation through qualification and assigns governed work when eligibility and selection criteria support the assignment. |
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| Qualified Participation protects [[fxdemo:dido_99_annexes:annex-b-terms-and-definitions:b:buyer| Buyers]], [[fxdemo:dido_99_annexes:annex-b-terms-and-definitions:i:integrator| Integrators]], [[fxdemo:dido_99_annexes:annex-b-terms-and-definitions:r:regulator| Regulators]], [[fxdemo:dido_99_annexes:annex-b-terms-and-definitions:a:auditor| Auditors]], [[fxdemo:dido_99_annexes:annex-b-terms-and-definitions:g:governance_body| Governance Bodies]], [[fxdemo:dido_99_annexes:annex-b-terms-and-definitions:q:qualified_service_provider| Qualified Service Providers]], and [[fxdemo:dido_99_annexes:annex-b-terms-and-definitions:q:qualified_node| Qualified Nodes]] by preventing unqualified, suspended, non-conforming, or unauthorised participants from receiving governed work. | Qualified Participation protects [[dido:99_annexes:annex-b-terms-and-definitions:b:buyer| Buyers]], [[dido:99_annexes:annex-b-terms-and-definitions:i:integrator| Integrators]], [[dido:99_annexes:annex-b-terms-and-definitions:r:regulator| Regulators]], [[dido:99_annexes:annex-b-terms-and-definitions:a:auditor| Auditors]], [[dido:99_annexes:annex-b-terms-and-definitions:g:governance_body| Governance Bodies]], [[dido:99_annexes:annex-b-terms-and-definitions:q:qualified_service_provider| Qualified Service Providers]], and [[dido:99_annexes:annex-b-terms-and-definitions:q:qualified_node| Qualified Nodes]] by preventing unqualified, suspended, non-conforming, or unauthorised participants from receiving governed work. |
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| ===== Requirement ===== | ===== Requirement ===== |
| ===== Example ===== | ===== Example ===== |
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| A [[fxdemo:dido_99_annexes:annex-b-terms-and-definitions:q:qualified_node]] connects to the market and advertises semantic validation capability. The market does not assign FX validation work to the Node until the applicable [[fxdemo:dido_99_annexes:annex-b-terms-and-definitions:q:qualification_profile]], [[fxdemo:dido_99_annexes:annex-b-terms-and-definitions:q:qualification_evidence]], [[fxdemo:99_part_annexes:annex-b-terms-and-definitions:n:non-functional_characteristic[[, policy constraints, evidence obligations, jurisdictional constraints, and market rules recognise the Node as eligible for that governed function. | A [[dido:99_annexes:annex-b-terms-and-definitions:q:qualified_node]] connects to the market and advertises semantic validation capability. The market does not assign FX validation work to the Node until the applicable [[dido:99_annexes:annex-b-terms-and-definitions:q:qualification_profile]], [[dido:99_annexes:annex-b-terms-and-definitions:q:qualification_evidence]], [[dido:99_annexes:annex-b-terms-and-definitions:n:non-functional_characteristic]], policy constraints, evidence obligations, jurisdictional constraints, and market rules recognise the Node as eligible for that governed function. |