The HM Treasury has published proposals to broaden the financial sector resolution regime to systemically important non-banks. In this paper, the Government sets out proposals and questions for consultation on enhancing the mechanisms available for dealing with the failure of systemically important non-banks.
This consultation covers four broad groups, as follows:
- investment firms and parent undertakings;
- central counterparties (CCPs);
- non-CCP financial market infrastructures (non-CCP FMIs); and