BoE, under the role conferred on it by the Financial Services Act 2012 and the Uncertificated Securities (Amendment) Regulations 2013, has made rules on the duty of RCHs and of operators of uncertified securities systems to notify BoE of a proposal to make certain regulatory provisions and on their duty to pay for skilled person reports. The rules also establish that RCHs must give notice of appointment or resignation of key individuals. (Source: BoE: Recognised Clearing House Rules Instrument 2013 and Uncertificated Securities Rules Instrument 2013)