Schedule 11: Central counterparties Part 1 – Introductory
Paragraph 1 sets out the main features of the special resolution regime for central counterparties (CCPs). The regime is intended to address a situation where all or part of the business of a CCP has encountered, or is likely to encounter, financial difficulties.
	This paragraph sets out the eight stabilisation options, and the three stabilisation powers which may be exercised to achieve the stabilisation options.
	The Bank and HM Treasury have significant roles in the operation of the special resolution regime, with more limited roles for the PRA and the FCA.