BoE makes procedure statements on FMIs: BoE has published a statutory statement of procedure on aspects of its supervision of financial market infrastructures (FMIs). The statement applies to Recognised Clearing Houses (RCHs) and Qualifying Parent Undertakings of UK RCHs (QPUs). The statements cover:
- the decision-making framework for giving warning and decision notices to RCHs and QPUs; and
- publishing information about statutory notices given to RCHs and QPUs.
(Source: BoE Makes Procedure Statements on FMIs)