An Update on Developments regarding Governance of The Exchange (formerly the Lloyd’s Exchange)

I am pleased to enclose the attached briefing (below) to update members with plans for the future governance of the Exchange.

Prompted particularly by the response to the ACORD endorsements initiative, the use of the Exchange is about to increase significantly.  Therefore, it is appropriate that the Exchange moves to become a Market utility with a governance structure that reflects its broadening user base and position in Market modernisation developments.

Should you wish to discuss any aspect of this subject, please do not hesitate to contact me.

 

Rob Gillies
Head of Market Processes

Briefing - Governance of The Exchange
(Adobe PDF File)


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LMA Bulletin
Members-only

Date: 19 April 2010

From: Head of Market Processes

Ref: LTM10-012-RG