Changes to the LCH Limited (“LCH”) Rulebook – Rulebook Committee of 21 December 2016
|
Originating department: |
Risk Management |
|
Circular No. |
LCH Circular No 3834 |
|
Service Circular No. |
SwapClear Circular No 153 |
|
Date: |
23rd January 2017 |
|
To: |
All LCH Ltd members |
Following the Rulebook Committee of 21 December 2016, LCH is making the following proposed rulebook changes available on its secure website.*
The proposed changes referred to in this circular are summarised below.
Four week consultation
The following rulebook changes are being made available for a consultation period of four weeks:
|
Title |
Services Impacted |
|
Economic Amendments |
SwapClear |
Two weeks consultation
The following rulebook changes are being made available for a consultation period of two weeks:
|
Title |
Services Impacted |
|
Collateral for Stress Losses |
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.