LCH Limited (“LCH”) Rule Change Committee of 24 November 2022 - Proposed Changes to the LCH Rulebook

Report date
Summary
Circular Number:  4239
Date: 28 November 2022
To:  All LCH Limited SwapClear clearing members 

 

Body

Following LCH’s Rule Change Committee meeting on 24 November 2022, LCH is proposing the following rulebook changes, which are available in two separate places:

  1. The LCH secure website at https://secure-area.lchclearnet.com/secure_area/Default.asp under the folder “Rulebook”; and 
  2. The LCH portal at https://clearingservices.lch.com/portal/login; please look in the Document Library within the Knowledge Centre section of the portal under the folder “LCH – General Ltd – Member” and then the sub-folder “Rulebook”.

 

Rulebook Changes – Notification

Title

Services Impacted

Item 148 – Basis swap splitting

SwapClear

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.