Changes to the LCH.Clearnet Limited Rulebook - Rulebook Committee of 9 December 2014

Report date
Summary

Circular No.

LCH Circular No 3564,

Date:

11 December 2014

Body

Following the Rulebook Committee of 9 December 2014, 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:

 1. Inflation Swaps - 14 day consultation.
 2. Fund to Fund Transfers - 7 day consultation.
 3. Re-enabling Auto-Repay - 14 day consultation.

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.

In addition, the following rulebook changes are being made for information only:

 4. LCH Cut-off Time
 5. Transfers of SwapClear Contracts from the Proprietary Account of an SCM

Accessing the Secure Area:

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

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 'Proposed Rules' here

 - In the 'Organisation' section please provide the full legal entity name of your firm

 - Log-in details will follow via e-mail