Changes to the LCH.Clearnet Limited Rulebook – Rulebook Committee of 11 April 2016

Report date
Summary

Circular No.

LCH Circular No 3722

Date:

13th April  2016

To:

All LCH.Clearnet Clearing Members

Body

Following the Rule Change Committee of 11 April 2016, LCH.Clearnet Limited is making the following proposed rulebook changes available on its secure website.*

The proposed changes referred to in this circular are summarised below, and are being made available for the consultation period specified below.

2 week Consultation     

 Title

 Services Impacted                             

 Currency Holiday arrangements

 All

 Japanese Trade Reporting

 SwapClear

    
   
4 Week Consultation     

Title

 Services Impacted                      

 Change of trade registration model

 RepoClear                                               



The following rulebook changes are for notification only:

 Title    

 Services Impacted               

 Extension to CREST Settlement Window

 RepoClear                                                      

 Japanese Restrictions

 SwapClear

 Portfolio Margining De-Optimization

 SwapClear, Listed Rates

 VM Settlement 1.5b

 SwapClear

 VM Settlement 2

 SwapClear

Revised Eligibility Criteria

 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 at the following link: https://www.lchclearnet.com/secure_area/login.asp

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.