Search: LCH
RBA Glossary definition for LCH
LCH – LCH Limited. LCH registered its change of name (from LCH.Clearnet Limited) in Australia under the Corporations Act 2001 on 14 July 2017. It is licensed in Australia to provide central counterparty services for OTC interest rate derivatives and inflation rate derivatives.
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4. Financial Market Infrastructures
21 Oct 2021
PSB Annual Report
– 2021
Australia. (RBA/ASIC). LCH Ltd. Swapclear service: OTC IRDs and inflation rate derivatives. ... The Bank's most recent assessment of LCH Ltd's SwapClear service was published in December 2020.
https://www.rba.gov.au/publications/annual-reports/psb/2021/financial-market-infrastructures.html
Oversight of Clearing and Settlement Facilities
12 Sep 2014
PSB Annual Report
– 2014
LCH.C Ltd is considering accepting Australian dollar cash as initial margin by early 2015. ... LCH.C Ltd also made two material changes to its management of liquidity risk.
https://www.rba.gov.au/publications/annual-reports/psb/2014/oversight-clearing-set.html
Financial Market Infrastructures
28 Sep 2022
PSB Annual Report
– September 2022
Australia. (RBA/ASIC). LCH Ltd. SwapClear service: OTC IRDs and inflation rate derivatives. ... Cyber risk management:. LCH Ltd continued to enhance its cyber control framework and capabilities.
https://www.rba.gov.au/publications/annual-reports/psb/2022/financial-market-infrastructures.html
Oversight of Clearing and Settlement Facilities
2 Oct 2013
PSB Annual Report
– 2013
On 4 April 2013, LCH.C became the first overseas-based CS facility to be licensed in Australia. ... was published following the Minister's decision to grant a CS facility licence to LCH.C.
https://www.rba.gov.au/publications/annual-reports/psb/2013/oversight-clearing-set.html
Supervision of Clearing and Settlement Facilities
24 Oct 2016
PSB Annual Report
– 2016
AUD activity at LCH.C Ltd increased significantly after it began clearing AUD OIS in January (Graph 17). ... This did not require a variation to LCH.C Ltd's CS facility licence.
https://www.rba.gov.au/publications/annual-reports/psb/2016/supervision-of-clearing-and-settlement-facilities.html
The Australian Financial System
8 Apr 2021
FSR
– April 2021
In recognition of this, the London-based CCP LCH Limited (LCH Ltd), which provides clearing services to Australian participants in the over-the-counter interest rate derivatives market via its SwapClear ... The Bank's 2020 Assessment of LCH Ltd's
https://www.rba.gov.au/publications/fsr/2021/apr/australian-financial-system.html
Supervision of Clearing and Settlement Facilities
9 Oct 2015
PSB Annual Report
– 2015
are not novated to LCH.C Ltd until the Australian evening when the SwapClear service reopens. ... The Bank recommended that LCH.C Ltd consider accepting Australian dollar cash as initial margin.
https://www.rba.gov.au/publications/annual-reports/psb/2015/supervision-of-clearing-and-settlement-facilities.html
Non-dealer Clearing of Over-the-counter Derivatives
20 Mar 2014
Bulletin
– March 2014
In 2009, the G20 leaders agreed that all standardised over-the-counter (OTC) derivatives should be cleared through central counterparties (CCPs). Accordingly, an increasing proportion of OTC derivatives are now centrally cleared, particularly where
https://www.rba.gov.au/publications/bulletin/2014/mar/9.html
Central Counterparty Margin Frameworks
7 Dec 2017
Bulletin
– December 2017
A central counterparty's (CCP's) margin framework can affect the activity of market participants and the broader functioning of the financial system. This potential impact on financial stability is an area of focus for authorities – in Australia
https://www.rba.gov.au/publications/bulletin/2017/dec/10.html
Central Counterparty Interoperability
10 Jun 2012
Bulletin
– June 2012
and had left SIX x-clear with an excessive exposure to LCH.Clearnet Ltd (SNB and FINMA 2009). ... that the collateral provided by LCH.Clearnet Ltd to SIX x-clear was no longer adequate.
https://www.rba.gov.au/publications/bulletin/2012/jun/7.html