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Financial Services and Markets Bill: Regulating central counterparties and central securities depositories | Allen & Overy LLP

The Financial Services and Markets Bill establishes a new framework for the Bank of England’s regulation of Financial Market Infrastructure (FMI) and in particular central counterparties (CCPs) and central securities depositories (CSDs). Whilst many of these provisions are relevant simply to CCPs, CSDs, their legal, compliance and senior management teams, some will have a broader … Read more