| LCH circular number: | 4095 |
| Date: | May 26, 2020 |
| To: | All Clearing Members |
Following the Rule Change Committee of LCH on 21 May 2020, 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.”
Rulebook Changes – Two Weeks’ Consultation
The following rulebook changes are being made available for a consultation period of two weeks.
| Title | Services Impacted |
| FCM Euro Cash Collateral – Investment | FCM Rates Service |
| ForexClear Sovereign Risk Margin Add-On | ForexClear |
| FX Options – Settlement Cycle Pay-In Window | ForexClear |
Rulebook Changes – Member Notification
The following rulebook changes are being made available for member notification.
| Title | Services Impacted |
| Partial settlement | RepoClear |
| Clearnet removal | All Services |
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.