Financial Market Infrastructure: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Add link.)
imported>Doug Williamson
(Add link.)
 
(One intermediate revision by the same user not shown)
Line 31: Line 31:
*[[Continuous linked settlement]]  (CLS)
*[[Continuous linked settlement]]  (CLS)
*[[Faster Payments Service]] (FPS)
*[[Faster Payments Service]] (FPS)
*[[Financial markets]]
*[[Infrastructure]]
*[[Infrastructure]]
*[[LVPS]]
*[[LVPS]]
*[[Markets in Financial Instruments Regulation]]
*[[Markets in Financial Instruments Regulation]]
*[[Payment infrastructure]]
*[[Payment infrastructure]]
*[[Principles for Financial Market Infrastructures]]  (PFMI)
*[[Regulation]]
*[[Regulation]]
*[[Systemic risk]]
*[[Systemic risk]]

Latest revision as of 03:55, 17 March 2023

Financial market supervision.

(FMI).

1.

A payment system considered to be systemically important, and which is therefore subject to supervision.


2.

One of a number of payment systems considered to be systemically important in the UK, and which are therefore subject to supervision by the Bank of England.

They include CHAPS, FPS, BACS and CLS.


3.

More broadly, UK financial market infrastructure supervision extends to all three of:

  • Recognised payment systems.
  • Securities settlement systems.
  • Central counterparties (CCPs).


See also