Schedule 17A, Part 3, paragraph 35(2)

The Bank of England may give directions to the person if satisfied that it is desirable to give the directions, having regard to the public interest in— protecting and enhancing the stability of the UK financial system, protecting and enhancing public confidence in the stability of the UK financial system, ... in the case of a company which is, or has been, a recognised clearing house, maintaining the continuity of ... clearing services and in the case of a company which is, or has been, a recognised CSD, maintaining the continuity of the services referred to in section 285(3D).

← 1 · All articles · 3 →

Source: legislation.gov.uk · retrieved 2026-09-04