November 28, 2022

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

LCH circular number: 4239
Date: November 28, 2022
To:  All LCH Limited SwapClear clearing members 

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.