10 MAY 2018

CIRCULAR 18/081
GENERAL DATA PROTECTION REGULATION (GDPR): PROPOSED RULEBOOK
AMENDMENTS

CATEGORY
Regulations

ATTACHMENTS
Attachment 1: Section A
Attachment 2: Member/ User Privacy Notice

BACKGROUND

The General Data Protection Regulation (“GDPR”) is the new European data protection law that comes into effect on
25 May 2018. GDPR replaces the current EU Data Protection Directive (95/46/EC) and sets out a single set of rules
across Europe on data privacy and protection. GDPR places new requirements on companies and organizations on how
they process and safeguard personal data of individuals residing in the EU (“Personal Data”).

For more information on GDPR please see: GDPR and

EU General Data Protection Regulation - Information Document

ICE FUTURES EUROPE RULE CHANGES

As part of its GDPR implementation program, the Exchange hereby proposes to amend Section A of its Rules, as set
out in the marked up version attached.

In summary, the aims of the proposed amendments are:

 To move descriptions of how and why the Exchange processes Personal Data and the rights of those whose
Personal Data it processes from the Rules to the new Member/ User Privacy Notice (“the Notice”). A copy of the
Notice is attached.
 To require Members to provide a copy of the Notice to their clients.
 To update references to relevant legislation and to align relevant Rule definitions with definitions in the GDPR.
 To provide further clarity around the recording of telephone calls.

MARKET CONSULTATION

The Market Consultation period will run from the date of this Circular and close on Thursday 24 May 2018. Members,
their clients and interested parties are invited to provide comments by the specified deadline. Responses received after
this date may not be taken into account by the Exchange.

For any responses, queries or clarification in respect of the Market Consultation please contact: George Milton, Deputy
Head of Legal and Data Protection Officer by phone on +44 (0)20 7429 4564 or by email on
george.milton@theice.com.

Interested parties are strongly advised to familiarise themselves with the proposed amendments to the Exchange Rules
by reference to the Attachments and to seek independent professional advice accordingly.

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Registered name: ICE Futures Europe, (Registered in England, No. 01528617)
Registered office: Milton Gate, 60 Chiswell Street, London EC1Y 4SA, United Kingdom
ICE Futures Europe is recognised as an investment exchange and an auction platform, and is a benchmark administrator under the Financial Services and Markets Act 2000,
supervised by the Financial Conduct Authority.
NEXT STEPS

Following the Market Consultation period and subject to satisfactory conclusion of applicable regulatory processes, the
Exchange will issue a finalized version of the Rule amendments out to the market by way of Circular. The finalized Rule
amendments will take effect from Friday 25 May 2018, corresponding to the date when the GDPR will come into force.

I therefore give formal notice, on behalf of the Board, in accordance with the Code of Practice that it proposes
the change to the Exchange Regulation set out in the attached. The Code of Practice provides that any written
request for the Board to consider whether the Code of Practice has been adhered to must be received by the
Secretary within fourteen days of the date of this Circular. In the absence of any such request the proposed
change will come into effect on 25 May 2018.

Please ensure that the appropriate members of staff within your organization and customers are advised of the content
of this Circular.

Signed:

Laurence Walton
Head of Regulation and Compliance

FOR MORE INFORMATION, PLEASE CONTACT:

George Milton
Deputy Head of Legal and Data Protection Officer
+44 (0)20 7429 4564
george.milton@theice.com

View All Circulars / Subscribe / Media Inquiries

Registered name: ICE Futures Europe, (Registered in England, No. 01528617)
Registered office: Milton Gate, 60 Chiswell Street, London EC1Y 4SA, United Kingdom
ICE Futures Europe is recognised as an investment exchange and an auction platform, and is a benchmark administrator under the Financial Services and Markets Act 2000,
supervised by the Financial Conduct Authority.