F2The Bank of England shall be responsible for carrying out the duties resulting from this Regulation for the supervision on an ongoing basis of the compliance of recognised Tier 2 CCPs with the requirements referred to in point (a) of Article 25(2b). F3...

F2The Bank of England shall require confirmation from each Tier 2 CCP at least on a yearly basis that the requirements referred to in points (a), (c) and (d) of Article 25(2b) continue to be fulfilled.

F4...

Where a Tier 2 CCP fails to provide F2the Bank of England with the confirmation referred to in the second subparagraph of paragraph 1 F5... , the CCP shall be considered as no longer meeting the conditions for recognition pursuant to Article 25(2b) and the procedure set out in Article 25pF6(2) and (3) shall apply.

The Bank of England shall carry out assessments of the resilience of recognised Tier 2 CCPs to adverse market developments.