The MAS regulatory approval applies to ForexClear, EnClear and SwapClear
the clearing house majority-owned by the London Stock Exchange
group, said it has been formally recognised as a clearing house
by the Monetary Authority of Singapore (MAS).
Martin Pluves, LCH.Clearnet’s chief executive
officer, said: "Achieving recognition status in Singapore is an
important part of our growth strategy in Asia Pacific and
complements other licences we have already and those we are
applying for in the region."
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