BoE has published its proposed statutory statements of procedure in respect of its supervision of FMIs. The paper covers:

  • the decision-making framework for giving decision notices and warning notices to recognised clearing houses (RCH) and qualifying parent undertakings (QPU); and
  • the procedure for publishing decision notices about RCH and QPU.

BoE asks for comments by 30 September. (Source: BoE Sets Out FMI Supervision Principles)