On Jun. 27, JPN SCC revised rules re commodity clearing deposits.
JPN SCC revised Business rules on business of assuming commodity transaction debts.
In accordance with the introduction of a specific management system for clearing deposits and trading margins for commodity transaction debt assumption business.
Follows JPN SCC May 2025 revised rules re specific management, see #253951.
Outline of Revisions
Where a clearing participant requests special management of JPY-denominated clearing deposits, JPN SCC may manage them including by lending money secured by government bonds and trading government bonds with repurchase agreements.
Profits or losses which may arise from special management of clearing deposits in the commodity trading debt assumption business belong to JPN SCC.
Where profits are generated from special management, JPN SCC may pay the amount to clearing participants as determined by itself; where losses are generated from special management, clearing participants shall pay the allocated amount to JPN SCC.
Effectiveness
The revised Business rules will be implemented from Aug. 1, 2025.
