Legal Documentation

As set out in section 2C.14.4.1 of the Clearing House Procedures, the Clearing House may from time to time make available on its website template documents that a SwapClear Clearing Member and a SwapClear Clearing Client may find useful when agreeing the terms between them for the provision of clearing services by such SwapClear Clearing Member to such SwapClear Clearing Client. SwapClear Participants and SwapClear Clearing Clients should note that the Clearing House makes no representations in respect of any documentation, including without limitation, those provided by the Clearing House or otherwise.

SwapClear Clearing Clients should, of course, make their own independent decisions in relation to the SwapClear Client Clearing Service based upon their own judgment and upon such advice from such advisers as those clients deem necessary.

Links to the current template documentation are set out below:

SwapClear Client Clearing Agreement Version 1.0 dated 8 November 2010 incorporating the SwapClear Client Clearing Standard Terms Version 2.0 dated 8 November 2010. An additional long-form version of this document is also available.

SwapClear Client Clearing Give Up Standard Terms version 1.0 dated 08 November 2010

Further details on SwapClear Client Clearing and additional documentation (including the Deed of Assignment) are available in Section 2C.15 of the LCH.Clearnet Procedures.

The Deed of Assignment for SwapClear Clearing Members that provide SwapClear Client Clearing Services and are incorporated in Ireland is available here.