SMF participant: Difference between revisions
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imported>Doug Williamson (Reduce links to core ones.) |
imported>Doug Williamson (Amend link to Commercial bank page.) |
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*[[Building society]] | *[[Building society]] | ||
*[[Central counterparty]] | *[[Central counterparty]] | ||
*[[Commercial | *[[Commercial bank]] | ||
*[[Sterling Monetary Framework]] (SMF) | *[[Sterling Monetary Framework]] (SMF) | ||
Revision as of 16:34, 13 March 2017
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)
