The Bank of England and the European Central Bank released the minutes of the UK Money Markets Code Sub‑Committee meeting held in September 2026. The sub‑committee, which serves as a forum for market participants and regulatory authorities, reviewed developments in the UK unsecured deposits and funding market as well as the securities lending and repo markets.
Participants discussed recent liquidity trends, the impact of regulatory changes on market depth, and the effectiveness of the Money Markets Code in promoting transparency and stability. The committee also examined proposals for enhancing collateral management practices and the potential effects of evolving counter‑party risk frameworks on repo transactions.
The minutes highlight the sub‑committee’s ongoing role in shaping policy dialogue and ensuring that market participants have a structured venue to raise concerns and propose reforms. The discussion underscores the importance of maintaining robust funding channels and efficient securities lending mechanisms for the overall resilience of the UK financial system.
Why it matters: The committee’s deliberations influence regulatory guidance that can shape liquidity provision and risk management practices across UK money markets.
Written by AI from the linked reports below — original text, not copied from any source. Informational only, not investment advice; verify against the originals.