Schedule 11: Central counterparties Part 8 – General Recognised central counterparty
Paragraph 155 defines a "recognised central counterparty" for the purpose of this Schedule. Sub-paragraph (2) notes that a recognised central counterparty does not include a recognised clearing house which is also a bank, building society, credit union or investment firm. Sub-paragraph (3) notes that a recognised central counterparty does not cease to have that status for the purposes of this Schedule if its recognition under FSMA 2000 is revoked.