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|+44 (0)207 971 5700
||+1 212 943 2290
||+81 3 3517 2791
||+852 3520 6000
Settlement Finality Notification: Insolvency
The CLS settlement system is a UK designated system under the Financial Markets and Insolvency (Settlement Finality) Regulations 1999 (as amended), (the “UK Settlement Finality Regulations”). UK Settlement Finality Regulation 22 requires that a court making an order for bankruptcy, sequestration, administration, or winding-up in respect of a participant in a designated system to notify both the system and the Bank of England as designating authority forthwith. To comply with the Regulation, please click here for CLS insolvency notifications contact information.
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