EquityClear service and Interoperability

Dear Member,

Further to member circular 2537 issued on 26 October, LCH.Clearnet Ltd has received notification from the FSA that it is closely engaged with the Swiss and Dutch Authorities whereby they are reviewing the interoperability arrangements between the CCPs.

The FSA has advised that its regulatory review of the interoperability arrangements is expected to be completed within three months.

LCH.Clearnet Ltd will continue to work with the regulators to expedite their review process.

Members requiring further information should contact Ian Mackenzie on 020 7426 7265 ian.mackenzie@lchclearnet.com

Yours sincerely
Wayne Eagle, Director, LCH.Clearnet EquityClear®