SMF participant: Difference between revisions
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imported>Doug Williamson (Create the page. Source: Bank of England Red Book June 2015 p3.) |
imported>Doug Williamson (Classify page.) |
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An SMF participant is a participating institution in the Bank of England's Sterling Monetary Framework (SMF). | An SMF participant is a participating institution in the Bank of England's Sterling Monetary Framework (SMF). | ||
In principle, participation in the SMF is voluntary. | In principle, participation in the SMF is voluntary. | ||
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==See also== | ==See also== | ||
*[[Broker-dealer]] | *[[Broker-dealer]] | ||
*[[Building society]] | *[[Building society]] | ||
*[[Central counterparty]] | *[[Central counterparty]] | ||
*[[Commercial bank]] | *[[Commercial bank]] | ||
*[[Sterling Monetary Framework]] (SMF) | *[[Sterling Monetary Framework]] (SMF) | ||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] | |||
Latest revision as of 08:44, 2 July 2022
UK central bank oversight.
An SMF participant is a participating institution in the Bank of England's Sterling Monetary Framework (SMF).
In principle, participation in the SMF is voluntary.
However, the SMF has been designed to encourage participation.
Institutions eligible to be SMF participants include:
- Commercial banks
- Building societies
- Broker-dealers
- Central counterparties (CCPs)
