Section 4(4)

Objective 2 is to protect and enhance the stability of the financial system of the United Kingdom, including in particular by— preventing contagion (including contagion to market infrastructures such as investment exchanges, clearing houses , recognised CSDs within the meaning of section 285 of the Financial Services and Markets Act 2000 and central counterparties authorised or recognised in the United Kingdom in accordance with Article 14 or 25 of Regulation (EU) 648/2012 of the European Parliament and the Council of 4th July 2012 on OTC derivatives, central counterparties and trade repositories) as it forms part of assimilated law, and maintaining market discipline.

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