LCH Limited (“LCH”) Rule Change Committee of 26 March 2019 – Proposed Changes to the LCH Rulebook

Report date
Summary

Circular No.    LCH Circular No: 4017

Date:    4 April 2019

To:    All LCH Ltd Members

Body

Following LCH’s Rule Change Committee of 26 March 2019, 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 – Four weeks’ member consultation

Title Services Impacted

Amendments to Rulebook to enable money market funds to

transfer collateral to LCH Limited by way of Title Transfer

Repoclear

Rulebook Changes – Two weeks’ member consultation

Title Services Impacted

E Account Representation

SwapClear

Rulebook Changes – Member Notification

Title Services Impacted

Miscellaneous Amendments

SwapClear; ForexClear
SwapClear Tenor Extensions SwapClear

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.