Following the LCH Rule Change Committee on 3 December 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.”
Member Notification
Title
|
Services Impacted
|
EMIR Refresh (Set One)
|
All services
|
ForexClear USDHKD NDFs
|
ForexClear
|
SwapClear – Economic Amendments
|
SwapClear
|
Amendments Pursuant to Change in Regulation
|
All services
|
Brexit-related amendments to legislative references
|
All services
|
Procedural forms amendments
|
All services
|
Sponsored Clearing Procedures – responsibility for obtaining capacity opinion
|
RepoClear - Sponsored Clearing
|
Member Consultation – Two Weeks
Title
|
Services Impacted
|
EquityClear Corporate Actions (Conversion)
|
EquityClear
|
Member Consultation – Four Weeks
Title
|
Services Impacted
|
Client Clearing Requirements
|
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
