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UK EMIR

Bank of England says existing rules are no barrier to tokenised collateral at CCPs, and consults on what it will check

The Bank of England on 29 October published a draft supervisory statement for central counterparties that want to accept tokenised versions of collateral they can already take, with tokenised government bonds as the main example. It does not change the list of eligible collateral, and it asks for views on stablecoins, tokenised money market funds and tokenised gold. Responses close on 12 February 2027.

5 min read

SEBI signs clearing MoU with the Bank of England; Bank's July list shows NSE Clearing's UK run-off ending on 30 October

SEBI said on 28 October that it has signed a memorandum of understanding with the Bank of England on SEBI-recognised clearing corporations. The release does not name NSE Clearing. The Bank's list of non-UK CCPs, as last updated on 8 July, shows NSE Clearing Limited, which first applied for UK recognition in 2022, with a run-off exit date of 30 October 2026.

5 min read