UK Statutory Instrument SI 2023/1195 United Kingdom

The Financial Services and Markets Act 2023 (Resolution of Central Counterparties: Calculation of Maximum Amounts for Cash Calls and Use of Specified Funds) Regulations 2023

Status
In Force

What it defines

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

5 other provisions — procedural and definitional
s.001 Citation, commencement, extent and interpretation
s.002 Maximum amount of cash – default loss
s.003 Maximum amount of cash – non-default loss
s.004 Maximum amounts - application to further resolutions
s.005 Use of specified funds

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.