The Bank of England chairs a number of market committees:
The Sterling Money Markets Liaison Committee (MMLC) is chaired by the Head of Sterling Markets Division. The Committee meets quarterly as a means for the Bank and market practitioners to maintain regular contact with each other at a senior level. In addition to members from the market, who come from a broad range of institutions, there are also members from trade organisations and official bodies. Others are occasionally invited to discuss matters of particular interest.
The Securities Lending and Repo Committee (SLRC), also chaired by the Head of Sterling Markets Division, provides an opportunity for practitioners and the authorities to discuss developments in London-based securities lending and repo markets.
An article in the winter 2001 Bank of England Quarterly Bulletin covers the work of the MMLC and SLRC in the context of the Bank's other market liaison and intelligence activities.
The Bank of England also provides the secretariat for the Working Group on Sterling Risk Free Reference Rates (RFRWG).
The RFRWG was initiated by the Bank of England in response to the July 2014 Financial Stability Board report on interest rate benchmark reform, with the objective of developing and implementing a sterling near Risk Free Rate as an alternative to Libor. It is a private sector group comprised primarily of senior experts from major sterling swap dealers, with the Bank and FCA as ex-officio members. As such the views and outputs of the RFRWG are not necessarily endorsed by the Bank of England or FCA.