Joint statement from FCA, PRA and Bank of England on the government’s proposed amendments to the CCP run-off regime

Joint statement from FCA, PRA and Bank of England on the government’s proposed amendments to the CCP run-off regime

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Joint statement from FCA, PRA and Bank of England on the government’s proposed amendments to the CCP run-off regime

In 2023, the FCA, PRA, and the Bank of England issued a joint statement supporting the UK government’s proposed amendments to the Central Counterparty (CCP) run-off regime. This coordinated effort was designed to ensure the continuity of clearing services for UK firms as the Financial Services and Markets Bill progressed toward Royal Assent.

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