Past version: Effective from 15 Sep 2017 to 02 Jun 2019

Each Clearing Member indemnifies each of the Clearing House, SGX RegCo, and their respective directors, officers, employees, representatives and agents ("Indemnified Persons") against any loss or liability reasonably incurred or suffered by an Indemnified Person where such loss or liability arose out of or in connection with:— any breach by the Clearing Member of its obligations under this Rules; or any wilful, unlawful, reckless or negligent act or omission by the Clearing Member.

Amended on 27 March 200627 March 2006, 26 April 201326 April 2013 and 15 September 201715 September 2017.