NEW YORK, January 11, 2012 – The InternationalSwaps and Derivatives Association, Inc. (ISDA) announced today the membershipand charter of the Industry Clearing Committee (ICC).

The ICC, which consists of a broad cross-sectionof over-the-counter (OTC) derivatives industry market participants, wasformed by ISDA in June 2011 to meet current and emerging industry needsin respect of clearing.  More specifically, the ICC will assist incoordinating industry efforts to reach optimal levels of central counterpartyclearing and to address obstacles in achieving those levels
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http://www2.isda.org/news/isda-announces-membership-and-mission-of-the-industry-clearing-committee