Amendments to the Clearing Rules of OTC Clearing Hong Kong Limited

OTC Clear’s Clearing Members are advised that the Securities and Futures Commission has authorized amendments to OTC Clear’s Clearing Rules. These changes are intended to establish general guidelines for converting floating rates based on interbank offered rates to a new floating rate and to implement a conversion plan for outstanding USD LIBOR legacy contracts. The amendments will take effect immediately.

resource: Amendments of OTC Clearing Rules: 


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