Financial Services and Markets Act 2023

57Central counterparties in financial difficultiesU.K.

This section has no associated Explanatory Notes

Schedule 11 makes provision for a special resolution regime for central counterparties where all or part of its business has encountered, or is likely to encounter, financial difficulties.

Commencement Information

I1S. 57 not in force at Royal Assent, see s. 86(3)

I2S. 57 in force at 29.8.2023 for specified purposes by S.I. 2023/779, reg. 4(nn)