| | Page |
| Introduction | 1 |
| Instructions for completing the disclosure framework | 3 |
| Disclosure framework | 4 |
| I. Basic information | 4 |
| II. Rules and procedures of the SSS | 5 |
| III. Relationships with participants | 6 | |
| IV. Relationships with other SSSs and commercial intermediaries | 7 |
| V. Securities transfers, funds transfers and linkages between transfers | 7 |
| VI. Default procedures | 10 |
| VII. Securities overdrafts, securities lending and back-to-back transactions | 11 |
| VIII. Risk control measures | 13 |
| IX. Operational risks | 15 |
| Glossary | 17 | |
| Members of the Working Group on Disclosure by Securities Settlement Systems | 25 |
