John Fennell, Executive Vice President of Financial Risk Management, OCC – The Global Association of Central Counterparties - CCP 12 - Elected New Chair, Vice Chair and Executive Committee

Mondo Visione -

The members of CCP12 – The Global Association of Central Counterparties – elected a new Executive Committee at its Annual General Meeting (AGM) on May 6, 2015, which included OCC's John Fennell. The global association of the world's major clearing houses met in Sao Paulo, Brazil, on the sidelines of the World Federation of Exchange IOMA Conference, hosted by BM&F Bovespa. CCP 12 is a global organization formed in 2001 by 12 CCPs that works to further shape the industry's dialogue on the adoption of best clearing and risk management practices and support strategic progress on regulatory harmonization and the enhancement of global standards.