Bank of England and Financial Conduct Authority – Memorandum of Understanding on the supervision of Financial Market Infrastructure
Why this matters
This is an informational statement regarding the annual review of the BoE-FCA Memorandum of Understanding on financial market infrastructure supervision. It covers CCPs, RIEs, and RCSDs, which are capital markets infrastructure entities. The focus is on supervisory coordination, operational efficiency, and outsourcing/third-party arrangements (IOREP). No urgent action is required; this is a routine regulatory update confirming existing cooperative arrangements remain effective.
AI-generated classification rationale, not a full analysis. Verify with the original BoE source before acting. Full disclaimer.
What the BoE said
Joint statement from the Bank of England and Financial Conduct Authority
Published by BoE . Read the full notice at the source for the authoritative text.
Context
Bank of England (BoE) — UK central bank overseeing monetary policy and financial stability. We track 247 updates from them.
Financial services regulation in the UK, primarily overseen by the FCA and PRA. Browse all United Kingdom updates.
This update is classified under Operational Resilience / Outsourcing, Authorisation & Licensing, Capital Markets & Trading and Banking & Credit.