Section 285(1)

In this Act— “recognised investment exchange” means an investment exchange in relation to which a recognition order is in force; “recognised clearing house” means— a central counterparty in relation to which a recognition order is in force (in this Part referred to as a “recognised central counterparty”), or a clearing house which provides clearing services in the United Kingdom without doing so as a central counterparty, and in relation to which a recognition order is in force; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . “third country central counterparty” means a person established in a country other than the United Kingdom who has been recognised by the Bank of England as a central counterparty pursuant to Article 25 of the EMIR Regulation; “recognised CSD” means a central securities depository in relation to which a recognition order is in force; “third country CSD” means a central securities depository, established in a country other than the United Kingdom, which is recognised by the Bank of England pursuant to Article 25 of the CSD regulation.

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