Financial Market Infrastructure: Difference between revisions

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imported>Doug Williamson
(Expand. Source: Bank of England webpage http://www.bankofengland.co.uk/financialstability/Pages/fmis/default.aspx)
imported>Doug Williamson
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== See also ==
== See also ==
*[[Infrastructure]]
*[[Regulation]]
*[[Regulation]]
*[[Systemic risk]]
*[[Systemic risk]]

Revision as of 14:10, 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).


See also