皇冠体育app

皇冠体育app Treasury established the CCP Resolution Liaison Panel (RLP) in accordance with paragraph 10 of Schedule 11 to the Financial Services & Markets (FSM) Act 2023. 皇冠体育app panel鈥檚 function is to provide advice to the Treasury about the effect of the CCP resolution regime on CCPs, persons who do business with CCPs, and on financial markets. 皇冠体育app panel鈥檚 function includes giving advice to the Treasury on secondary legislation made under the act and the聽CCP resolution regime code of practice. 皇冠体育app panel鈥檚 advice represents the views of non-government stakeholders and the Treasury facilitates its work.

Members

Under paragraph 20 of Schedule 11 to the FSM Act 2023, the panel must include a member appointed by the Treasury, a member appointed by the Bank of England, a member appointed by the Prudential Regulation Authority, and a member appointed by the Financial Conduct Authority. 皇冠体育app panel must also include one or more persons who in the Treasury鈥檚 opinion represent the interests of CCPs, one or more persons who in the Treasury鈥檚 opinion represent the interests of clearing members of CCPs, one or more persons who in the Treasury鈥檚 opinion have expertise in law relating to the financial systems of the United Kingdom, and one or more persons who in the Treasury鈥檚 opinion have expertise in insolvency law and practice.

Industry members:

• Intercontinental Exchange Clear Europe
• LCH, LSEG
• London Metal Exchange
• Futures Industry Association
• International Swaps and Derivatives Association
• City of London Law Society: Insolvency Law Commitee
• Financial Markets Law Committee
• Insolvency Service
• Insolvency Lawyers Association鈥檚 Technical Committee
• R3 General Technical Committee

Statutory members:

• HM Treasury
• Bank of England
• Prudential Regulation Authority
• Financial Conduct Authority

Contact

To contact the secretariat about the work of the panel, you can聽email [email protected]