Company Circular No: | LCH.Clearnet Ltd Circular No3114 |
Service Circular No: | EquityClear Circular No 214 |
Date: | 05 March 2012 |
To: | All EquityClear Clearing Members |
Dear Member
We would like to bring to your attention a regulation of the European Parliament and of the Council of the European Union.
The regulation relates to buy-in procedures and is to be implemented from 1 November 2012.
Please use the following link to review Articles 15 & 16 http://register.consilium.europa.eu/pdf/en/11/pe00/pe00068.en11.pdf
As a result of the regulation we will be changing our processes and procedures; we will provide further information relating to these changes in the coming weeks.
Yours sincerely
Wayne Eagle
Executive Director, LCH.Clearnet EquityClear