02.03.2025

Bank of England Welcomes EU Equivalence Extension for CCPs

02.03.2025
Bank of England Welcomes EU Equivalence Extension for CCPs

The Bank of England welcomes the extension of EU equivalence for the UK’s legal and supervisory framework for central counterparties (CCPs).

The European Commission’s announcement supports financial stability and the sound functioning of financial markets in both the UK and the EU. We will continue to co-operate closely with the European Securities and Markets Authority on the process of extending the existing recognition of UK CCPs.

Background:

  1.  The European Commission’s announcement

Source: Bank of England

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