86388 Federal Register / Vol. 88, No. 238 / Wednesday, December 13, 2023 / Notices 

1See Docket No. RM2018–3, Order Adopting 

Final Rules Relating to Non-Public Information, 

June 27, 2018, Attachment A at 19–22 (Order No. 

4679). 

1Notice of the United States Postal Service of 

Filing Changes in Rates Not of General 

Applicability for Inbound Parcel Post (at UPU 

Rates), and Notice of Filing Non-Public Materials 

Under Seal, December 6, 2023, at 1 (Notice). 

2Notice at 4–6. See Docket No. CP2014–52, Order 

Accepting Price Changes for Inbound Air Parcel 

Post (at UPU Rates), June 26, 2014, at 6, 7 (Order 

No. 2102); Docket No. CP2015–24, Order Accepting 

Changes in Rates for Inbound Parcel Post (at UPU 

Rates), December 29, 2014, at 4 (Order No. 2310). 

3Notice at 6. See Docket No. CP2019–43, Order 

Acknowledging Changes in Prices for Inbound 

Parcel Post (at UPU Rates), December 19, 2018, at 

5 (Order No. 4933). 

request(s) may propose the addition or 

removal of a negotiated service 

agreement from the Market Dominant or 

the Competitive product list, or the 

modification of an existing product 

currently appearing on the Market 

Dominant or the Competitive product 

list. 

Section II identifies the docket 

number(s) associated with each Postal 

Service request, the title of each Postal 

Service request, the request’s acceptance 

date, and the authority cited by the 

Postal Service for each request. For each 

request, the Commission appoints an 

officer of the Commission to represent 

the interests of the general public in the 

proceeding, pursuant to 39 U.S.C. 505 

(Public Representative). Section II also 

establishes comment deadline(s) 

pertaining to each request. 

The public portions of the Postal 

Service’s request(s) can be accessed via 

the Commission’s website (http://

www.prc.gov). Non-public portions of 

the Postal Service’s request(s), if any, 

can be accessed through compliance 

with the requirements of 39 CFR 

3011.301.1

The Commission invites comments on 

whether the Postal Service’s request(s) 

in the captioned docket(s) are consistent 

with the policies of title 39. For 

request(s) that the Postal Service states 

concern Market Dominant product(s), 

applicable statutory and regulatory 

requirements include 39 U.S.C. 3622, 39 

U.S.C. 3642, 39 CFR part 3030, and 39 

CFR part 3040, subpart B. For request(s) 

that the Postal Service states concern 

Competitive product(s), applicable 

statutory and regulatory requirements 

include 39 U.S.C. 3632, 39 U.S.C. 3633, 

39 U.S.C. 3642, 39 CFR part 3035, and 

39 CFR part 3040, subpart B. Comment 

deadline(s) for each request appear in 

section II. 

II. Docketed Proceeding(s) 

1. Docket No(s).: MC2024–99 and 

CP2024–102; Filing Title: USPS Request 

to Add Priority Mail & USPS Ground 

Advantage Contract 132 to Competitive 

Product List and Notice of Filing 

Materials Under Seal; Filing Acceptance 

Date: December 7, 2023; Filing 

Authority: 39 U.S.C. 3642, 39 CFR 

3040.130 through 3040.135, and 39 CFR 

3035.105; Public Representative: 

Christopher C. Mohr; Comments Due: 

December 15, 2023. 

This Notice will be published in the 

Federal Register. 

Erica A. Barker, 

Secretary. 

[FR Doc. 2023–27355 Filed 12–12–23; 8:45 am] 

BILLING CODE 7710–FW–P 

POSTAL REGULATORY COMMISSION 

[Docket No. CP2024–100; Order No. 6844] 

Inbound Parcel Post (at UPU Rates) 

AGENCY: Postal Regulatory Commission. 

ACTION: Notice. 

SUMMARY: The Commission is 

recognizing a recent Postal Service filing 

of a change in rates not of general 

applicability for Inbound Parcel Post (at 

Universal Postal Union rates) to be 

effective January 1, 2024. This 

document informs the public of the 

filing, invites public comment, and 

takes other administrative steps. 

DATES: Comments are due: December 

14, 2023. 

ADDRESSES: Submit comments 

electronically via the Commission’s 

Filing Online system at http://

www.prc.gov. Those who cannot submit 

comments electronically should contact 

the person identified in the FOR FURTHER

INFORMATION CONTACT section by 

telephone for advice on filing 

alternatives. 

FOR FURTHER INFORMATION CONTACT: 

David A. Trissell, General Counsel, at 

202–789–6820. 

SUPPLEMENTARY INFORMATION: 

Table of Contents 

I. Introduction 

II. Contents of Filing 

III. Commission Action 

IV. Ordering Paragraphs 

I. Introduction 

On December 6, 2023, the Postal 

Service filed notice announcing its 

intention to change rates not of general 

applicability for Inbound Parcel Post (at 

Universal Postal Union (UPU) Rates) 

effective January 1, 2024.1

II. Contents of Filing 

With the Notice, the Postal Service 

filed: a redacted copy of Governors’ 

Decision No. 19–1, a redacted copy of 

the UPU International Bureau (IB) 

Circular 173 that contains the new rates, 

a copy of the certification required 

under 39 CFR 3035.105(c)(2), redacted 

Postal Service data used to justify any 

bonus payments, and a copy of the 

Postal Service’s submission to the UPU 

in support of an inflation-linked 

adjustment. Notice at 3; see id. 

Attachments 2–6. The Postal Service 

also filed redacted Excel versions of 

financial workpapers. Notice at 3. 

Additionally, the Postal Service filed 

an unredacted copy of Governors’ 

Decision No. 19–1, an unredacted copy 

of the UPU IB Circular 173, unredacted 

Postal Service data used to justify any 

bonus payments under seal, and 

unredacted Excel versions of financial 

workpapers. Notice at 4. The Postal 

Service filed an application for nonpublic treatment of materials filed under 

seal. Id. at 2–3; id. Attachment 1. 

The Postal Service states that it has 

provided supporting documentation as 

required by Order No. 2102 and Order 

No. 2310.2 In addition, the Postal 

Service states that it provided citations 

and copies of relevant UPU IB Circulars 

and updates to inflation-linked 

adjustments as required by Order No. 

4933.3

III. Commission Action 

The Commission establishes Docket 

No. CP2024–100 for consideration of 

matters raised by the Notice. 

The Commission invites comments on 

whether the Postal Service’s filing is 

consistent with 39 U.S.C. 3632 and 3633 

and 39 CFR part 3035. Comments are 

due no later than December 14, 2023. 

The public portions of the filing can be 

accessed via the Commission’s website 

(http://www.prc.gov). 

The Commission appoints Katalin K. 

Clendenin to serve as Public 

Representative in this docket. 

IV. Ordering Paragraphs 

It is ordered: 

1. The Commission establishes Docket 

No. CP2024–100 for consideration of the 

matters raised by the Postal Service’s 

Notice. 

2. Pursuant to 39 U.S.C. 505, Katalin 

K. Clendenin is appointed to serve as an 

officer of the Commission to represent 

the interests of the general public in this 

proceeding (Public Representative). 

3. Comments are due no later than 

December 14, 2023. 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 88, No. 238 / Wednesday, December 13, 2023 / Notices 86389 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3Partial Amendment No. 1 updates the 

pagination throughout Exhibit 5 to File No. LCH 

SA–2023–008 and the Table of Contents in Exhibit 

5 to File No. LCH SA–2023–008 to reflect the 

revised pagination. Partial Amendment No. 1 would 

also remove two references to field codes in Chapter 

1 of Exhibit 5 to File No. LCH SA–2023–008. 

4LCH SA’s CDS Clearing Rule Book can be found 

on LCH SA’s public website: https://www.lch.com/ 

system/files/media_root/CDSClear%20Rule_Book_

11.05.2022.pdf. 

5Regulation (EU) No 648/2012 of the European 

Parliament and of the Council of 4 July 2012 on 

OTC derivatives, central counterparties and trade 

reporting. 

6Article 9(6) of Regulation (EU) 2021/23 of the 

European Parliament and of the Council of 16 

December 2020 on a framework for the recovery and 

resolution of central counterparties. http://data.

europa.eu/eli/reg/2021/23/oj. 7Article 9(14) of Regulation (EU) 2021/23 of the 

European Parliament and of the Council of 16 

December 2020 on a framework for the recovery and 

resolution of central counterparties. http://data.

europa.eu/eli/reg/2021/23/oj. 8Commission Delegated Regulation (EU) 2023/ 

840 of 25 November 2022 supplementing 

Regulation (EU) 2021/23 of the European 

Parliament and of the Council with regard to 

regulatory technical standards specifying the 

methodology for calculation and maintenance of the 

additional amount of pre-funded dedicated own 

resources to be used in accordance with Article 

9(14) of that Regulation. http://data.europa.eu/eli/ 

reg_del/2023/840/oj. 

4. The Secretary shall arrange for

publication of this order in the Federal 

Register. 

By the Commission. 

Erica A. Barker, 

Secretary. 

[FR Doc. 2023–27258 Filed 12–12–23; 8:45 am] 

BILLING CODE 7710–FW–P 

RAILROAD RETIREMENT BOARD 

Sunshine Act Meetings 

TIME AND DATE: 12 p.m., December 13, 

2023. 

PLACE: 844 North Rush Street, Chicago, 

Illinois 60611. 

STATUS: Closed. 

MATTERS TO BE CONSIDERED: (1) 

Litigation Matter. 

CONTACT PERSON FOR MORE INFORMATION: 

Stephanie Hillyard, Secretary to the 

Board, Phone No. 312–751–4920. 

Dated: December 8, 2023. 

Stephanie Hillyard, 

Secretary to the Board. 

By unanimous, recorded vote of the 

Board members of the Railroad 

Retirement Board, such Board members 

determined that agency business 

required that this meeting be called with 

less than one week notice. 5 U.S.C. 

552b(e)(1). 

[FR Doc. 2023–27420 Filed 12–11–23; 11:15 am] 

BILLING CODE 7905–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–99109; File No. SR–LCH 

SA–2023–008] 

Self-Regulatory Organizations; LCH 

SA; Notice of Filing of Proposed Rule 

Change, as Modified by Partial 

Amendment No. 1, Relating to 

Recovery and Resolution 

December 7, 2023. 

Pursuant to Section 19(b)(1) of the 

Securities Exchange Act of 1934 (‘‘Act’’ 

or ‘‘Exchange Act’’),1 and Rule 19b–4 

thereunder,2 notice is hereby given that 

on November 24, 2023, Banque Centrale 

de Compensation, which conducts 

business under the name LCH SA (‘‘LCH 

SA’’), filed with the Securities and 

Exchange Commission (‘‘Commission’’) 

the proposed rule change described in 

Items I, II and III below, which Items 

have been primarily prepared by LCH 

SA. On December 5, 2023, LCH SA filed 

Partial Amendment No. 1 to the 

proposed rule change to make certain 

changes to the Exhibit 5 to File No. LCH 

SA–2023–008.3 The Commission is 

publishing this notice to solicit 

comments on the proposed rule change, 

as modified by Partial Amendment No. 

1, from interested persons. 

I. Clearing Agency’s Statement of the

Terms of Substance of the Proposed

Rule Change

LCH SA is proposing to amend its 

CDS Clearing Rule Book (‘‘Rule Book’’) 4

to make conforming changes necessary 

to implement certain provisions of 

Regulation (EU) 2021/23 of the 

European Parliament and of the Council 

of 16 December 2020 on a framework for 

the recovery and resolution of central 

counterparties (‘‘CCP Recovery and 

Resolution Regulation’’) that are 

applicable to central counterparties 

(‘‘CCPs’’) authorized under the 

European Markets Infrastructure 

Regulation (‘‘EMIR’’) 5 (the ‘‘Proposed 

Rule Change’’). 

II. Clearing Agency’s Statement of the

Purpose of, and Statutory Basis for, the

Proposed Rule Change

In its filing with the Commission, 

LCH SA included statements concerning 

the purpose of and basis for the 

Proposed Rule Change and discussed 

any comments it received on the 

Proposed Rule Change. The text of these 

statements may be examined at the 

places specified in Item IV below. LCH 

SA has prepared summaries, set forth in 

sections A, B, and C below, of the most 

significant aspects of such statements. 

A. Clearing Agency’s Statement of the

Purpose of, and Statutory Basis for, the

Proposed Rule Change

1. Purpose

LCH SA is proposing to amend the

Rule Book to comply with certain 

requirements of the CCP Recovery and 

Resolution Regulation. 

Pursuant to Article 9(6) of the CCP 

Recovery and Resolution Regulation, 

CCPs are required to provide in their 

rules that they may deviate from their 

recovery plan measures and, in such 

circumstances, they shall notify their 

competent authority designated in 

accordance with EMIR.6

Pursuant to Article 9(14) of the CCP 

Recovery and Resolution Regulation, 

following a default event in respect of 

a clearing member, each CCP shall use 

an additional amount of its pre-funded 

dedicated own resources (the ‘‘second 

skin-in-the-game’’) prior to the 

requirement of non-defaulting clearing 

members to make a contribution in cash 

to the CCP up to at least each clearing 

member’s contribution to the default 

fund. This amount is additional to the 

prefunded dedicated own resources 

required in accordance with EMIR (the 

‘‘first skin-in-the-game’’) which will be 

used by the CCP before the use of each 

non-defaulting clearing member’s initial 

contribution to the default fund.7 On 25 

November 2022, the European 

Commission adopted a delegated act 

specifying the methodology for 

calculation and maintenance of the 

second skin-in-the-game to be used in 

accordance with Article 9(14) of the 

CCP Recovery and Resolution 

Regulation (the ‘‘Commission Delegated 

Regulation’’).8

LCH SA is proposing to make the 

following conforming changes to its 

Rule Book for the purposes of 

complying with the above-mentioned 

requirements of the CCP Recovery and 

Resolution Regulation, as 

complemented by the Commission 

Delegated Regulation in respect of the 

second skin-in-the-game. 

Article 1.1.1 of the Rule Book (Terms 

defined in the CDS Clearing Rule Book) 

will be amended to include the 

definition of ‘‘CCP Recovery and 

Resolution Regulation’’ which will 

mean Regulation (EU) 2021/23 of the 

European Parliament and of the Council 

of 16 December 2020 on a framework for 

the recovery and resolution of central 

counterparties. 

LCH SA maintains a recovery plan 

that provides for certain measures to be 


khammond on DSKJM1Z7X2PROD with NOTICES