Adjustment in clearing capital of NOS Clearing ASA

In preparation for the implementation of regulatory reform in the EU pursuant to the European Market Infrastructure Regulation (“EMIR”) and the US Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”), NOS Clearing ASA (“NOS”) has decided to modify its default waterfall and introduce two mutualised default funds. The new structure is in line with that of most other clearing houses and will have a positive risk impact on NOS’ clearing members.

Read the full Notice here.

Please note that the information regarding the NOS capital structure on our webpage is not yet reflecting information set out in the above mentioned Notice.

For any questions, please do not hesitate to contact NOS Clearing ASA:

Erik Flingtorp
Senior Vice President
Tel: +47 23 25 93 04
E-mail: fli@nosclearing.com

Hanne B. Johansson
Vice President
Tel: +47 23 25 93 20
E-mail: hb@nosclearing.no