Financial Market Infrastructure: Difference between revisions
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imported>Doug Williamson (Add links.) |
imported>Doug Williamson (Update and add link.) |
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'' | ''Financial market supervision.'' | ||
(FMI). | (FMI). | ||
1. | 1. | ||
A payment system considered to be systemically important, and which is therefore subject to supervision. | |||
2. | |||
One of a number of payment systems considered to be systemically important in the UK, and which are therefore subject to supervision by the Bank of England. | One of a number of payment systems considered to be systemically important in the UK, and which are therefore subject to supervision by the Bank of England. | ||
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3. | |||
More broadly, UK financial market infrastructure supervision extends to all three of: | More broadly, UK financial market infrastructure supervision extends to all three of: | ||
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*[[CLS]] | *[[CLS]] | ||
*[[Infrastructure]] | *[[Infrastructure]] | ||
*[[LVPS]] | |||
*[[Regulation]] | *[[Regulation]] | ||
*[[Systemic risk]] | *[[Systemic risk]] | ||
Revision as of 15:09, 13 August 2016
Financial market supervision.
(FMI).
1.
A payment system considered to be systemically important, and which is therefore subject to supervision.
2.
One of a number of payment systems considered to be systemically important in the UK, and which are therefore subject to supervision by the Bank of England.
They include CHAPS, FPS, BACS and CLS.
3.
More broadly, UK financial market infrastructure supervision extends to all three of:
- Recognised payment systems.
- Securities settlement systems.
- Central counterparties (CCPs).
