| LCH circular number: | 4197 |
| Date: | March 03, 2022 |
| To: | All LCH Limited Clearing Members |
Default – VTB Capital PLC
LCH Limited (“LCH”) issued a Default Notice today, 3 March 2022, in respect of VTB Capital PLC, which is a non-FCM Clearing Member and was participating in the LCH EquityClear service.
LCH has commenced its default management procedures. To view a copy of the Default Notice for VTB Capital PLC, click here.
Words which begin with a capital letter, but are not defined, in this notice have the meaning given to them in the LCH rulebook, which is located at https://www.lseg.com/en/post-trade/clearing/clearing-resources/rulebooks/lch-limited. Please e-mail memberqueries@lch.com with any queries. LCH website: https://www.lseg.com/en/post-trade/clearing.