LCH Limited Rule Change Committee Meeting of 4 May 2022 - Proposed Changes to the LCH Rulebook

Report date
Summary

Circular No.

LCH Circular No. 4207

Date:

10 May 2022

To:

All LCH Limited Clearing Members

Body

 

Following the LCH Rule Change Committee Meeting on 4 May 2022, LCH is proposing the following changes to the LCH rulebook, which are available on its secure website at https://secure-area.lchclearnet.com/secure_area/Default.asp under the folder “Rulebook.”

 

Member Consultation – Two weeks

Title

Services Impacted

Item 130 – Sponsored Clearing Contingency Payments and Paying Agent Wind-down

All Services

 

Member Consultation – Four weeks

Title

Services Impacted

Item 129 – Cross-margining of deliverable and non-deliverable ForexClear contracts

ForexClear

 

Member Notification

Title

Services Impacted

Item 131 – EMTA template

ForexClear

 

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.