Explore the Archive

Company Circular No:LCH.Clearnet Ltd Circular No 3219
Date:01 November 2012
To:All SwapClear and EnClear clearing members

LSOC Implementation Update (CFTC Regulation Part 22: Protection of Cleared Swaps Customer Contracts and Collateral)

Following the CFTC No-Action Relief relating to Part 22 “LSOC” requirements, LCH.Clearnet Limited now plans to implement LSOC across its SwapClear and EnClear services on Tuesday November 13th 2012. This is, as always, subject to regulatory approval.

Further information and guidance will be published in advance of the implementation date.

If you have any questions in the interim, please do not hesitate to contact LCH.Clearnet Compliance at [email protected] or [email protected].