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Our offices


+44 (0)207 971 5700

New York

+1 212 943 2290

New Jersey

+1 732 321 8100


+81 3 3517 2795

Hong Kong

+852 3520 6000

Settlement Finality Regulations Notification to Designated System: 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 upon the making of an order for bankruptcy, sequestration, administration, or winding-up in respect of a participant in a designated system, the court must notify both the system operator and the Bank of England as designating authority forthwith.

CLS Bank, the operator of the CLS settlement system, may be notified of the commencement of a Member insolvency (e.g. bankruptcy, sequestration, administration, or winding-up) at:

+ 44 870 9000 606  |  + 44 207 987 9295  |  +1 732 548 7049  |  +1 732 452 2740 
Email CLS at both and immediately. Please be sure to email both addresses.

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