Friday, 4 March 2016
UK: Bank of England annual report on the supervision of financial market infrastructures
The UK's central bank - the Bank of England - has published a report in respect of its supervision of financial market infrastructures (e.g., central counterparties, securities settlement system, and payment systems). The report explains how the bank exercised its responsibilities over the past year and also identifies the principal priorities for 2016/17. A copy of the report is available here (pdf). The report contains the following diagram that illustrates well the relationships and linkages between central counterparties and banks:
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