# Financial Services and Markets Act 2023, Paragraph 115: Resolution instruments: report

Extent: E+W+S+N.I.

(1) This paragraph applies where the Bank makes one or more resolution instruments in respect of a CCP.
(2) The Bank must, on request by the Treasury, report to the Chancellor of the Exchequer about—
(a) the exercise of the power to make the resolution instrument, and
(b) any other matters in relation to the CCP that the Treasury may specify.
(3) In relation to the matter specified in sub-paragraph (2)(a), the report must comply with any requirements that the Treasury may specify.
(4) The Chancellor of the Exchequer must lay a copy of each report under sub-paragraph (2) before Parliament.

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Source: https://www.legislation.gov.uk/ukpga/2023/29/schedule/11/paragraph/115 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2023/schedule-11/paragraph-115
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.