Bank of England consults on post-Brexit market infrastructure rules
LONDON - The Bank of England said on Tuesday it was launching a consultation on proposed, post-Brexit rules for clearing houses, payment system operators and other financial market infrastructure in order to improve transparency.
The new rules - which Britain is now able to set for itself after leaving the European Union - will also apply to BoE-regulated UK payments systems and specified service providers. "Together with our updated approach to supervision, it marks the next stage of the Bank designing a nimble, effective and forward-looking regulatory regime, with more to come in the near future."Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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