Schedule 11: Central counterparties Part 5 – Special resolution action Specific conditions: financial assistance cases
Paragraph 19 sets out the conditions that must be met before the Bank exercises the stabilisation powers outlined in paragraphs 27, 29 and 30, where HM Treasury has notified the Bank that they have provided financial assistance in respect of a CCP, for the purpose of resolving or reducing a serious threat to the stability of the financial system of the UK.