CCPs Warn Against An Overload Of Independent Directors

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CCPs Warn Against An Overload Of Independent Directors

Risk committees and boards of directors dealing with over-the-counter derivatives clearing within CCP governance structures should not be overrun by independent directors, Roger Liddell, group ceo at LCH.Clearnet, and Michael Cahill, coo at Options Clearing Corporation, told delegates at the FIA expo in Chicago this morning.

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