The disclosure framework is the assessment of ICE Clearing Houses against the Principles for Financial Market Infrastructures (PFMI) issued by CPMI and IOSCO. The framework is updated at least every two years.

The CCP12 PQD Template is a common template used by the CCPs around the globe and represents a global harmonized approach and CCP12’s active response to CPMI-IOSCO’s 2015 PQD Standards. The template has been adopted by CCPs across the globe, by both members and non-members of CCP12 and improves standardization and transparency of the CCP industry by facilitating comparable data points and formats, a method to track PQD changes, and further ensures machine readable data points.

The CCP12 PQD FAQ Guide provides supplementary guidance by including high level definitions and methodology to be utilized by the CCPs to address the required disclosures and promotes on-going efforts to further align and harmonize the disclosures. The document assists in overall quality of analysis conducted by the consumers of information and their conclusions and has reduced the overall volume of clarifications that have been required to be made by the CCPs.