In this consultation paper (CP), the Bank of England (the Bank) sets out its proposal to fix deficiencies in onshoring of legislation related to FMIs arising from the UK’s withdrawal from the EU as competent authority for Financial Market Infrastructures (FMIs). This includes fixing deficiencies in FMI-related binding technical standards (Chapter 3) and the Bank’s rules for FMIs (Chapter 4) and is relevant to FMIs supervised by the Bank as well as market infrastructures and market participants more broadly.
This consultation closed on Wednesday 2 January 2019. The Bank invites feedback on the proposals set out in this consultation. Please address any comments or enquiries to: email@example.com.
The CP including the Appendix runs to 102 pages. To be helpful to readers, we have included a complete and split version of the CP below.
Appendix 1: Draft Supervisory Statement ‘Non-binding Bank materials relating to Financial Market Infrastructure Supervision: The Bank’s approach after the UK’s withdrawal from the EU’- included in split version above