LCH Limited (“LCH”) Rule Change Committee of 7 March 2018 - Proposed Changes to the LCH Rulebook

Report date
Summary

Circular No.

LCH Circular No 3935

Date:

13th March 2018

To: All LCH Ltd Members
Body

Following LCH’s Rule Change Committee of 7 March 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 - Consultation

The following rulebook changes are being made available for a consultation period of four weeks.

Title

Services Impacted

Listed Interest Rates Default Fund Contributions

SwapClear, Listed Rates

Inflation Reporting Thresholds

SwapClear

Rates Service DMG – Composition and Roles

SwapClear, Listed Rates

Rulebook Changes – Notification

Title

Services Impacted

MiFIR – Indirect Gross Accounts

All Services

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.