LCH Limited (“LCH”) Rule Change Committee of 16 May 2018 - Proposed Changes to the LCH Rulebook

Report date

Circular No.

LCH Circular No 3953


29th May 2018


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 under the folder “Rulebook.”

Rulebook Changes – Notification


Services Impacted

Criminal Finance Act*

All Services

Backup Clearing Member

All Services (excluding FCM Services)

Section 2B


Clearing members that wish to comment on the proposed rulebook changes should email 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.