Part 1 Introductory
Financial Services and Markets Act 2023 (2023 c 29) | Legislation

SCHEDULE 11 Central Counterparties

Section 57

Part 1 Introductory

Overview

1

(1)     The purpose of the special resolution regime for CCPs (see Part 5 of this Schedule) is to address the situation where all or part of the business of a CCP has encountered, or is likely to encounter, financial difficulties.

(2)     The special resolution regime consists of the eight stabilisation options.

(3)

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