Public Quantitative Disclosure Standards for Central Counterparties 

Hong Kong Securities Clearing Company Limited (HKSCC), HKFE Clearing Corporation Limited (HKCC), the SEHK Options Clearing House Limited (SEOCH) and OTC Clearing Hong Kong Limited (OTC Clear) set out their approaches to observing each applicable principle in the Principles for Financial Market infrastructures (PFMI) published by the Committee on Payment and Settlement Systems (CPSS)[1] and the International Organization of Securities Commissions (IOSCO).  HKSCC, HKCC, SEOCH and OTC Clear are expected to meet the public quantitative disclosure standards which complement the disclosure framework and also form the minimum disclosures of central counterparties under Principle 23 of the PFMI. 

HKSCC, HKCC, SEOCH and OTC Clear’s disclosures of their quantitative data are summarised in accordance with the guidelines set forth in the “Public quantitative disclosure standards for central counterparties” published by CPMI-IOSCO in February 2015 and the format set out by the Global Association of Central Counterparties (CCP12).


[1] CPSS changed its name to the Committee on Payments and Market Infrastructures (CPMI) on 1 September 2014.  Please note that references to reports published before that date use the Committee’s old name.