BoE will consult dealers over CCP risk standards
The Bank of England will listen to the views of the dealer community and other participants on CCP risk standards, says Schooling Latter
The Bank of England (BoE) will consult with the dealer community over central counterparty (CCP) risk standards once it begins supervising financial market infrastructures (FMIs) from next year, according to Edwin Schooling Latter, head of the BoE's payments and infrastructure division.
Speaking at a BoE event yesterday to outline its new supervisory approach, Schooling Latter said oversight would be improved by listening to an array of key market participants. "We will undoubtedly do a better
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