Changes to the LCH.Clearnet Limited Rulebook – Portfolio Margining Rulebook Committee of 13th March 2015
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Circular No. |
LCH Circular No 3611 |
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Date: |
21st April 2015 |
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To: |
All Clearing Members |
Following the Rulebook Committee of 13 March 2015, LCH.Clearnet Limited is making a number of rulebook changes available on its secure website.
Pursuant to the European Market infrastructure Regulation (EMIR), changes that are deemed ‘material' are subject to clearing member consultation.
The following ‘material' rulebook changes are being made available for consultation for the time periods shown below:
Portfolio Margining – 6 weeks consultation
In connection with this consultation, LCH.Clearnet Limited is making clean and black-line versions of the following documents available on its secure website:
(i) General Regulations
(ii) SwapClear Procedure 2C
(iii) FCM Regulations
(iv) FCM Procedures
(v) Default Rules (US Driven Changes)
(vi) Default Rules (UK Driven Changes)
In addition, a rulebook summary has also been included.
Clearing Members that wish to comment on the consultation drafts should email rulebook@lchclearnet.com
If you have any general questions on rulebook changes, please contact your usual LCH.Clearnet contact.
Please note that all rulebook revisions 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.