Changes to the LCH Limited (“LCH”) Rulebook – Rulebook Committee of 28 March 2017

Report date
Summary

Circular No.

LCH Circular No 3853

Date:

5th April 2017

To:

All LCH Ltd members

Body

Following the Rulebook Committee of 28 March 2017, LCH is proposing the following rulebook changes available on its secure website.*

The proposed changes referred to in this circular are summarised below.

Four Weeks Consultation

The following rulebook change is being made available for a consultation period of four weeks:

Title Services Impacted
Inflation Data SwapClear
ForexClear Default Fund Allocation ForexClear
ForexClear Default Fund Remuneration ForexClear
PAI – Alternative Rate Sources SwapClear
Invoicing Back All

 

Notification
The following rulebook changes are being made available for notification:

Title Services Impacted
VNS Tenors SwapClear
G10 NDFs – Amendment No. 1                ForexClear
Canadian Client Restrictions All
Backloads – Excess Collateral SwapClear
Calculation of Inflation Indices SwapClear

 

Clearing Members that wish to comment on the consultation drafts should email rulebook@lch.com.

If you have any general questions on rulebook changes, please contact your usual LCH contact.

Please note that all rulebook revisions may remain subject to regulatory approval.

Accessing the Secure Area:

*The proposed changes to the rulebook can be found on the secure area within the folder ‘Rulebook'.

Members with an existing secure area account:

Log-in here

Request access to the ‘Rulebook' area here

In the "Organisation" section please provide the full legal entity name of your firm.

Log-in details will follow via e-mail.

 

Members without a secure area account:

Request access to the ‘Rulebook' here

In the "Organisation" section please provide the full legal entity name of your firm.

Log-in details will follow via e-mail.