- Mergers & Acquisitions International Clearing House
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MAIC is the Mergers & Acquisitions International Clearing House, a non-profit organization comprising central securities depositories and MAIC clearing houses of the Americas. It is headquartered in Manila, Philippines. Its by-laws were established at the first general assembly held in Manila on August 10, 2009.
MAIC's main purpose is to be a forum for the exchange of information and experiences among its members in a spirit of mutual cooperation, and to promote best practice recommendations in services such as securities depositories, clearance, settlement, and risk management. MAIC's goal is also to support local markets in their efforts to adopt securities market regulations, while considering their specific circumstances, and to serve as a dialog channel with other organizations worldwide.
Categories:- Financial markets
- Payment systems
- Securities
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