| LCH Circular No: | 4066 |
| Date: | November 29, 2019 |
| To: | All Clearing Members |
Following LCH's Rule Change Committee of 25 November 2019, LCH is proposing the following rulebook changes, which are available on its secure website at https://secure-area.lchclearnet.com/secure_area/Default.asp under the folder “Rulebook”.
Rulebook Changes – Notification
| Title | Services Impacted |
| Securities Collateral – Record Date Restrictions | All |
| EquityClear Procedures “Clean-up” | EquityClear |
| Clearing Membership Extensions; Non-Clearing Participants | All |
| ForexClear Client Close-Out Actions | ForexClear |
| Default Fund Additional Margin | SwapClear, ForexClear |
Rulebook Changes – Two Weeks’ Consultation
| Title | Services Impacted |
| Clearing Member Sub-Accounts | SwapClear, ForexClear |
Rulebook Changes – Four Weeks’ Consultation
| Title | Services Impacted |
| Default Rules – AIPs | SwapClear, ForexClear, Listed Rates |
| FX Options – Automatic Expiry | ForexClear |
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.