The London Stock Exchange uses cookies to improve its website. The cookies for analytical purposes have already been set. For more details and how to manage cookies, please see our privacy and cookies policy.

October 2012


The London Stock Exchange Group (LSEG) welcomes the opportunity to repsond to the HMT consultation 'Financial Sector Resolution: Broadening the Regime'

Summary:

  • Recovery and resolution regimes should not give rise to open-ended liability
  • It may not be sufficient or practical to assess a firm's systemic status only at the point of failure
  • FMIs will also need to know of their systemic status in order to meet transparency requirements
  • FMIs that are, or are part of, listed companies will need to know of their systemic satus in order to comply with their disclosure requiremetns under listing obligations and provisions
  • It is important to consider the cross-border implications of any UK regime

LSEG response to HMT consultation: 'Financial sector resolution: broadening the regime'(pdffile pdf - 146 KB)

The Exchange accepts no responsibility for the content of the website you are now accessing or for any reliance placed by you or any person on the information contained on it.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.

You will be redirected in five seconds.

You are accessing the London Stock Exchange Annual Report Service powered by PrecisionIR.

The Exchange accepts no responsibility for the content of the reports you are now accessing or for any reliance placed by you or any person on the information contained therein.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.

You will be redirected in five seconds