BSA responds to the Bank of England discussion paper on transitioning to a repo-led framework

The BSA has responded to the Bank of England's discussion paper on transitioning to a repo-led framework

The BSA has responded to the Bank of England's discussion paper on the transition to a repo-led framework.

The BSA welcomes the opportunity to discuss the transition. We highlight operational aspects such as the need for smooth and timely review of pre-positioned collateral and the treatment of encumbrance.