Depository Trust & Clearing Corporation
Acronym: DTCC
General Information
Identification Code: 525811814282-80
Website: [object Object]
Entity Form: Holding company
Registration Category: Companies & groups
Registration Date: 8/27/2014
Last Update: 11/22/2023
EP Accredited Number: 0
Mission & Interests
Goals: The Depository Trust & Clearing Corporation (DTCC), headquartered in New York with offices in 16 countries around the world, provides post-trade processing services that mitigate risk, increase transparency and promote greater efficiency in the global financial markets to the users that are also its owners. DTCC provides custody and asset servicing for securities issued from over 100 countries and maintains cross-border depository links with central infrastructure organizations around the world.
DTCC serves the industry through its subsidiaries:
- The Depository Trust Company (DTC) retains custody of millions of securities issues, worth approximately $40 trillion, including securities issued outside of the US.
- The National Securities Clearing Corporation (NSCC) provides post-trade clearing and settlement services for US equities, as well as centralized custody of US securities.
- The Fixed Income Clearing Corporation (FICC) provides post-trade clearing and settlement s (...)
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
- Banking and financial services
- Business and industry
- Digital economy and society
- Economy, finance and the euro
- Foreign affairs and security policy
- Institutional affairs
- Single market
- Taxation
Levels of Interest:
- global
Activities
Main EU Legislative Proposals: Main initiatives: Capital markets union and Cybersecurity strategy, FinTech and Digital Services
Main files: AIFDM, EMIR, EMIR refit MIFID/R, SFTR, CSDR, FTT, NIS, REMIT, CCP recovery and resolution, DORA, DLT Pilot regime.
Main policies: economic and financial affairs, information security, Financial Technology, cloud computing,
Inter-institutional or Unofficial Groupings: N/A
Head Office
Address: 570 Washington Blvd, Jersey City
Post Code: 07310
City: Jersey City
Country: UNITED STATES
Phone: [object Object]
EU Office
Address: Rue Montoyer 47
Post Code: 1000
City: Brussels
Country: BELGIUM
Phone: [object Object]
Financial Data
New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]
Membership Information
Members10 Percent: 0
Members25 Percent: 0
Members50 Percent: 0
Members75 Percent: 0
Members: 2
Members F T E: 2
Info Members: 1. Ali Wolpert, Head of Global Policy
2. Michalis Sotiropoulos, Head of Brussels Office
Structure
Structure Type: Structure
Is Member Of: None
Organisation Members: DTCC is a member of CEPS/ECMI (https://www.ceps.eu/content/ecmi-european-capital-markets-institute), QED (https://www.qed.eu/), Eurofi (http://www.eurofi.net/) and the FIA (https://www.fia.org/)