Membership in international organizations

Сentral Counterparty National Clearing Centre , a subsidiary of Moscow Exchange Group, is a member of the CCP12 (Global Association of Central Counterparties–CCP12) and the European Association of Central Counterparty Clearing Houses – EACH.


Founded in 2001, CCP12 is a global association of 37 members who operate more than 60 individual CCPs globally across Europe/Middle East/Africa (EMEA), the Americas, and the Asia-Pacific (APAC) regions. CCP12 aims to promote effective, practical and appropriate risk management and operational standards for CCPs to ensure the safety and efficiency of the financial markets it represents. CCP12 leads and assesses global regulatory and industry initiatives that concern CCPs to form consensus views of its members and seeks to actively engage with regulatory agencies and industry constituents through consultation responses, forum discussions and position papers.



EACH, which consists of 19 members, was founded in 1991 by the leading European clearing houses in order to arrange professional dialogue between the European central counterparties on the issue of development of the clearing activity with the CCP function and its standards, to share the most advanced practices, and to interact with regulators, specialized associations and financial market institutions.

EACH tackles important CCP development issues in order to increase its role as guarantor of financial market stability. NCC was admitted to EACH as а member in October 2009.

NCC’s participation in CCP12, as well as its membership in EACH, enables NCC’s active participation in professional discussions on CCPs’ regulation and standards development. It also provides good opportunity for the popularization in the Russian financial market of the global expertise in clearing services, risk management.