LCH Limited (“LCH”) Rule Change Committee of 16 May 2018 - Proposed Changes to the LCH Rulebook
Circular No. |
LCH Circular No 3953 |
Date: |
29th May 2018 |
To: |
All LCH Ltd Members |
Following LCH’s Rule Change Committee of 16 May 2018, LCH is proposing the following rulebook changes, which are available on its secure website at https://secure-area.lchclearnet.com/secure_area/Default.asp under the folder “Rulebook.”
Rulebook Changes – Notification
Title |
Services Impacted |
Criminal Finance Act* |
All Services |
Backup Clearing Member |
All Services (excluding FCM Services) |
Section 2B |
RepoClear |
Clearing members that wish to comment on the proposed rulebook changes 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 changes remain subject to regulatory approval and internal LCH risk approval.
* LCH is proposing this rule change in response to member request. Notwithstanding the effectiveness of this proposed rule change, all clearing members must perform their obligations and exercise their rights under LCH’s Rulebook in accordance with applicable law and regulation, including the Criminal Finance Act.