Central counterparties: what are they, why do they matter and how does the Bank supervise them?
Amandeep Rehlon () and
Dan Nixon ()
Additional contact information
Amandeep Rehlon: Bank of England
Dan Nixon: Bank of England
Bank of England Quarterly Bulletin, 2013, vol. 53, issue 2, 147-156
Abstract:
The Government introduced major changes to the system of financial regulation in the United Kingdom in April 2013, including creating the Financial Policy Committee and transferring significant new supervisory responsibilities to the Bank. As part of this, the Bank is now responsible for the supervision of central counterparties, or CCPs. This article explains what CCPs are, setting out their importance for the financial system — including the benefits they bring and some of the risks they could present if not properly managed. It also summarises the Bank’s approach to supervising CCPs and describes some of the key priorities the Bank will be pursuing.
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (19)
Downloads: (external link)
https://www.bankofengland.co.uk/-/media/boe/files/ ... D92D02BD069E8D5F4943 Full text (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:boe:qbullt:0106
Access Statistics for this article
Bank of England Quarterly Bulletin is currently edited by Lindsey Fowler
More articles in Bank of England Quarterly Bulletin from Bank of England Publications Group Bank of England Threadneedle Street London EC2R 8AH. Contact information at EDIRC.
Bibliographic data for series maintained by Publications Group ().