Changes to the LCH.Clearnet Limited Rulebook – Rulebook Committee of 8 July 2015

Report date
Summary

Circular No.

LCH Circular No 3639

Service Circular No.              

SwapClear Circular No 140

Date:

04th August 2015

To: All LCHClearnet & SwapClear Clearing Members
Body

Following the Rulebook Committee of 8 July 2015, LCH.Clearnet Limited is making a number of rulebook changes available on its secure website.

Pursuant to the European Market infrastructure Regulation (EMIR), changes that are deemed ‘material' are subject to clearing member consultation.

The following ‘material' rulebook changes are being made available for consultation for the time periods shown below:

  • Tenor Extensions – 2 weeks consultation                     SwapClear
  • Variation Margin Haircutting – 4 weeks consultation      SwapClear
  • AUD OIS – 2 weeks consultation                                 SwapClear


Clearing Members that wish to comment on the consultation drafts should email rulebook@lchclearnet.com

If you have any general questions on rulebook changes, please contact your usual LCH.Clearnet contact.

Please note that all rulebook revisions remain subject to regulatory approval.

Accessing the Secure Area:

*The proposed changes to the rulebook can be found on the secure area within the folder ‘Rulebook'.



Members with an existing secure area account:

Log-in here

Request access to the ‘Rulebook' area here

In the "Organisation" section please provide the full legal entity name of your firm.

Log-in details will follow via e-mail.



Members without a secure area account:

Request access to the ‘Rulebook' here

In the "Organisation" section please provide the full legal entity name of your firm.

Log-in details will follow via e-mail.