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The Bank of England's approach to the supervision of financial market infrastructures
The Bank is today publishing a document setting out its proposed approach to the supervision of central counterparties and securities settlement systems.
Published on
18 December 2012
Responsibility for the supervision of central counterparties and securities settlement systems will transfer to the Bank of England from the Financial Services Authority following the enactment of the Financial Services Bill. The transfer of responsibility is expected to take effect on 1 April 2013. It will sit alongside the Bank’s existing responsibilities for oversight of recognised payment systems.
Approach document