The financial market infrastructures firms (FMIs) supervised by the Bank of England are critical to the smooth operation of the UK financial system. We use them when we make payments to and from our bank accounts or buy goods and services, and they also help financial market participants to manage risk. The Bank of England’s Annual Report – supervision of financial market infrastructures, published today, sets out how the Bank has exercised its responsibilities in respect of supervising FMIs since the last report. It also outlines the Bank’s domestic and international policy work to strengthen the regulatory and supervisory frameworks for FMIs.
Visit KnowledgeBank for more information on what FMIs are and the Bank’s role in supervising them.