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Policy Paper Published 26 May 2023 HM Treasury ↗ View on GOV.UK

Financial Services & Markets Bill – Overseas Central Counterparties

HM Treasury has introduced two technical amendments to the Financial Services & Markets (FSM) Bill to help facilitate UK firms’ continued use of non-UK Central Counterparties (CCPs) under the run-off regime.

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HM Treasury has introduced two technical amendments to the FSM Bill which, if approved by Parliament, will help to facilitate the continued use of certain non-UK CCPs which are currently due to exit the CCP run-off regime with effect from 1 July 2023.