Part 1Special Resolution Regime

Chapter 3 Special resolution action

Transfer of property

F139ABanks which are F2recognised central counterparties

F3Paragraphs 59, 60 and 108 of Schedule 11 to the Financial Services and Markets Act 2023 (F2recognised central counterparty rules, membership and recognition) apply in relation to a bank which would be a F4recognised central counterparty but for F5paragraph 155(2) of Schedule 11 to that Act (exclusion of banks etc from definition of F4recognised central counterparty) as they apply in relation to a F4recognised central counterparty.