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BoE publishes statement of policy on market oversight for wholesale cash distribution

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Published on: 18 August 2023
Published by LNB News

LNB News 18/08/2023

Document Information

Issue Date: 18 August 2023

Published Date: 18 August 2023

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Bank of England (BoE) has published a statement of policy on the exercise of its powers under the new Part 5A of the Banking Act 2009 as introduced by the Financial Services and Markets Act 2023 (FSMA 2023), setting out its supervisory approach to the exercise of its powers in relation to the oversight of participants in the wholesale cash distribution (WCD) market.

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Jurisdiction(s):
England, Northern Ireland, Scotland and Wales

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