Clearing and Settlement: Key Issues in the Light of MiFID

Author - Willy Van Stappen 

Willy joined Equiduct as its Chief Operating Officer in March 2007, after more than 25 years experience in the securities industry.

Willy joins Equiduct from LCH.Clearnet SA where he was Member of the company's Investment Management Committee and the company's Integration Programme Committee and Programme Director responsible for the Equities Integration and Equities Harmonization Programme.

Between 2001 and 2003, Willy was member of the Executive Committee of Clearnet SA (Banque Centrale de Compensation, France) as head of operations Clearnet SA and General Manager of their Brussels branch. He was also a Member of the Board of the Belgian CSD "CIK" from 2000 and 2005 and member of the Brussels' Euronext Orientation Council.

From 1999 to 2001, Willy was Member of the Executive Committee of Brussels Exchanges (BXS), CEO of BXS Clearing S.A. and of BXS-CIK S.A. From 1990 to 1999, Willy was Vice-President of the Executive Committee of Belfox (Belgium Futures and Options Markets) with responsibilities over the Clearing, Compliance, Finance and Trading departments. Prior to joining Belfox, Willy held various positions in the securities departments of various financial institutions. Willy chaired the European Association of Central Counterparty Clearing Houses in 2001.