Paragraph 28 Private sector purchaser: marketingI1I2

any securities issued by the CCP which the Bank intends to transfer by a share transfer instrument under paragraph 27(2)(a), or

any property, rights or liabilities of the CCP which the Bank intends to transfer by a property transfer instrument under paragraph 27(2)(b).

be as transparent as possible having regard to the circumstances and the need to maintain financial stability;

ensure there is no conflict of interest;

take account of the need for the Bank to act quickly to address the situation where a CCP is failing or likely to fail;

aim at maximising, as far as possible, the sale price for the property, rights or liabilities involved.

materially misrepresent the securities, property, rights or liabilities which the Bank intends to transfer;

favour or discriminate between potential purchasers or grant an unfair advantage to a potential purchaser.

there is a material threat to financial stability in the United Kingdom arising from or aggravated by the failure or likely failure of the CCP, and

complying with sub-paragraph (1) would undermine the effectiveness of the first stabilisation option in addressing that threat or achieving the objective in paragraph 15(4).