CCP12, a global organisation formed in 2001, has been working to further the industry’s dialogue on the adoption of best clearing and risk management practices, and to support strategic progress on regulatory harmonisation and the enhancement of global standards. The group frequently invites regulators and representatives from other clearing and settlement organisations, exchanges and marketplaces, financial firms and other industry associations around the world to join its meetings to foster dialogue on issues of mutual interest and concern. With its membership having expanded to 23 CCP organisations, CCP12 has been meeting at least bi-annually, as well as working in smaller teams to advance risk management awareness and analyse industry and regulatory developments. 

The current Chairperson of CCP12 is Ms Anne T. Brown, Chief Risk Officer with the Australian Securities Exchange (ASX).  The recently elected Executive Committee of CCP12 is made up as follows:

The 23 member organisations of CCP12 include:

• Australian Securities Exchange Ltd.
• The Brazilian Clearing and Depository Corporation
• Brazilian Mercantile & Futures Exchange
• The Canadian Depository for Securities Ltd.
• Canadian Derivatives Clearing Corporation
• Cassa di Compensazione e Garanzia S.p.A.
• The Clearing Corporation of India
• Chicago Mercantile Exchange
• The Clearing Corporation
• The Depository Trust & Clearing Corporation
• Eurex Clearing AG
• Hong Kong Exchanges and Clearing Ltd.
• Japan Securities Clearing Corporation
• LCH.Clearnet Group Limited
• Korea Exchange
• National Securities Clearing Corporation Limited
• NASDAQ OMX
• The Options Clearing Corporation
• The Polish National Depository for Securities
• Singapore Exchange Limited / The Central Depository (Pte) Limited
• S.D. Indeval
• Taiwan Stock Exchange Corporation
• Tokyo Stock Exchange Group, Inc

CCP12 Background and Current Discussion