The Monetary Authority of Singapore requires APEX Clear to observe and apply the Principles for Financial Market Infrastructures (PFMI) published in April 2012 by the Committee on Payment and Settlement Systems (CPSS) and the International Organization of Securities Commissions (IOSCO). In addition, APEX Clear is expected to meet the public qualitative and quantitative disclosure standards as required under Principle 23 of the PFMI.

APEX Clear’s approach to observing each applicable principle in the PFMI are summarised in its disclosure documents, in accordance with the guidelines set forth in the ‘Disclosure Framework and Assessment Methodology’ published by CPSS-IOSCO in December 2012.

APEX Clear PFMI Disclosure (updated Oct 2024) 

APEX-Clear-Disclosure-Framework-2024

APEX Clear’s disclosure of its quantitative data is 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).