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Code of Conduct

CCPA complies with the Code of Conduct commitments on service unbundling and accounting separation. CCP Austria has answered the Self-assessment Report on the principles of service unbundling and accounting separation for Clearing and Counterparty for the year ended December 31, 2008. This Report has been reviewed by Hübner & Hübner, who stated in their Assurance Report: "Based on our work described in this report nothing has come to our  attention that causes us to believe  that the Self-assessment Report is not properly presented, in all material respects, based on the European Code of Conduct  for Clearing and Settlement and related guidance/interpretations for directors of organisations subject to that code".

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