The Central Counterparties (Equivalence) (Indonesia and the People's Republic of China) Regulations 2026 published

The Central Counterparties (Equivalence) (Indonesia and the People's Republic of China) Regulations 2026 have been laid before Parliament and published, accompanied by an explanatory memorandum. Under Article 25(1) of the UK European Market Infrastructure Regulation, a central counterparty (CCP) must be recognised by the Bank of England (BoE) in order to provide clearing services to UK clearing members or trading venues. The BoE may recognise a third-country CCP only where HM Treasury has determined that the legal and supervisory arrangements of the relevant third country are equivalent to those of the UK. These Regulations determine that the regulatory and supervisory regimes for specified CCPs authorised by their respective regulatory authorities are equivalent to the UK regime. The Regulations will enter into force on 19 November.

Return to main website.