December 16, 2021

LCH Limited (“LCH”) Rule Change Committee of 15 December 2021 - Proposed Changes to the LCH Rulebook

LCH circular number: 4188
Date: December 16, 2021
To: All LCH Limited Clearing Members

Following LCH’s Rule Change Committee of 15 December 2021, 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 – Notification

 

Title Services Impacted
Item 114 - Dealer agreements SwapClear, ForexClear and RepoClear
Item 117 - Forward rate agreements referencing USD LIBOR SwapClear
Item 118 - Updating registered office All services 

Rulebook Changes – Consultation - Four Weeks

Title Services Impacted
Item 115 - Switch time from UK PPS to US PPS (FCM only) Item 115 - Switch time from UK PPS to US PPS (FCM only)
Item 119 - Canadian clients All non-FCM 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.