Notice of Guidelines for the Central Counterparty Clearing Business for Cross-Border Foreign Exchange

 2018-06-23  49



  • Area of Law Foreign Exchange
  • Level of Authority Industry Regulations
  • Date issued01-31-2018
  • Effective Date02-02-2018
  • Status Effective
  • Issuing Authority Shanghai Clearing House



Notice of the Shanghai Clearing House on Issuing the Guidelines for the Central Counterparty Clearing Business for Cross-Border Foreign Exchange Transactions
All market participants:
The Shanghai Clearing House is scheduled to launch the central counterparty clearing business for cross-border foreign exchange spot transactions (hereinafter referred to as “cross-border foreign exchange clearing business”) from February 2, 2018. To facilitate market participants' understanding of and participation in cross-border foreign exchange clearing business, further specify the business operating procedures, and ensure the smooth implementation of the business, in accordance with the Rules on the Central Counterparty Clearing for Cross-Border Foreign Exchange Spot Transactions, the Shanghai Clearing House developed the Guidelines for the Central Counterparty Clearing Business for Cross-Border Foreign Exchange Transactions (see the Annex), which are hereby issued.
Annex: Guidelines for the Central Counterparty Clearing Business for Cross-Border Foreign Exchange Transactions
Shanghai Clearing House
January 31, 2018