Trade body wants to play greater role in global talks on clearing regulation
The trade body for the
world’s top clearing houses said it agreed last
week to register as an entity in the Shanghai Free-Trade Zone,
marking a move by the organisation to promote clearing in
CCP12 said it decided at its Special
General Meeting held on October 16 to register as a non-profit
organisation in the Shanghai pilot free trade zone. The
association met on the sidelines of the Sibos conference in
In a statement released
on Thursday, the association said it had chosen Shanghai as it
had a favourable financial environment and is an international
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