AD Clear publishes disclosures in accordance with the CPMI-IOSCO Principles for Financial Market Infrastructures (PFMI) and the Disclosure Framework for Central Counterparties to promote transparency and support stakeholders’ assessment.
These disclosures provide transparency on AD Clear’s legal basis, governance arrangements, risk management framework, and key quantitative metrics They are intended to support participants, regulators, and stakeholders in understanding the design and operation of AD Clear, in line with international practices.
All disclosures are updated periodically and made publicly available.
The qualitative disclosure provides a detailed description of AD Clear’s framework and its observance of PFMI principles.
It includes:
AD Clear publishes quantitative disclosures using CPMI-IOSCO and industry aligned templates to provide consistent and comparable information. The disclosures include:
Data is updated on a regular basis and reflects AD Clear’s risk profile and financial resources.
This section provides access to previously published disclosures and for ease of navigation, quick links to AD Clear’s rulebooks and public disclosures are provided in accordance with the CCP Global format.
It enables users to track changes in AD Clear’s risk management framework, financial resources, and operational activity over time.
AD Clear disclosures are prepared in accordance with internationally recognized standards applicable to central counterparties
These include: