27 Jun 2025
💼Proposal for LCH SA Fee Grid Change Affecting CDS Dealers
Self-Regulatory Organizations; LCH SA; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Revisions to Its CDSClear Fee Grid for Services Provided to Dealers
Summary
The Securities and Exchange Commission published a notice regarding LCH SA's proposed amendments to its CDSClear Fee Grid, which includes the introduction of new fees applicable to CDS Dealers and the removal of outdated service references. The changes aim to enhance service offerings and compliance with regulatory standards.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document outlines proposed changes to LCH SA’s fee grid for CDSClear services, including an annual fee of €100,000 for CDS Dealers. This could significantly impact financial services firms engaging in CDS transactions, affecting their cost structures. Compliance with new regulations will be necessary for all affected participants.