Exchange Rate Mechanism and Financial Market Infrastructure: Difference between pages
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imported>Doug Williamson m (Added 1 line space before see also) |
imported>Doug Williamson (Expand. Source: Bank of England webpage http://www.bankofengland.co.uk/financialstability/Pages/fmis/default.aspx) |
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''UK financial market regulation.'' | |||
(FMI). | |||
1. | |||
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. | |||
2. | |||
More broadly, UK financial market infrastructure supervision extends to all three of: | |||
*Recognised payment systems. | |||
*Securities settlement systems. | |||
*Central counterparties (CCPs). | |||
== See also == | == See also == | ||
* [[ | *[[Regulation]] | ||
* [[ | *[[Systemic risk]] | ||
*[[Clearing House Automated Payment System]] | |||
*[[Faster Payments Service]] | |||
*[[BACS]] | |||
*[[Continuous linked settlement]] | |||
*[[Bank of England]] | |||
[[Category:Cash_management]] | |||
Revision as of 14:09, 7 August 2016
UK financial market regulation.
(FMI).
1.
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.
2.
More broadly, UK financial market infrastructure supervision extends to all three of:
- Recognised payment systems.
- Securities settlement systems.
- Central counterparties (CCPs).
