LCH Limited (“LCH”) Rule Change Committee of 6 February 2023 - Proposed Changes to the LCH Rulebook
| Circular number: | 4250 |
| Date: | 16 February 2023 |
| To: | All LCH Limited Clearing Members |
Following LCH’s Rule Change Committee meeting on 6 February 2023, LCH is proposing the following rulebook changes, which are available on the LCH portal at https://clearingservices.lch.com/portal/login. Please look in the Document Library within the Knowledge Centre section of the portal under the folder “LCH – General Ltd – Member” and then the sub-folder “Rulebook”.
Rulebook changes - Notification
|
Title |
Services Impacted |
|
Item 150 - Japanese licence restrictions |
ForexClear, SwapClear |
Rulebook changes – 2 weeks
|
Title |
Services Impacted |
|
Item 149 – Confidentiality obligations of a potential transferee Item 151 – Porting window and GOSAs Item 153 – SCM client default process |
All services All services SwapClear |
Rulebook changes – 4 weeks
|
Title |
Services Impacted |
|
Item 154 – USD LIBOR conversion |
SwapClear |
Clearing members that wish to comment on the proposed LCH rulebook changes should email rulebook@lch.com. If you have any general questions on LCH rulebook changes, please contact your usual LCH contact. Please note that all LCH rulebook changes remain subject to regulatory approval and internal LCH risk approval.