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individual CPs and draft SSs issued by the Bank for central counterparties, and central securities depositories. The Bank can also be publishing a CP, draft SS and draft operational resilience chapter of the Code of Observe for recognised fee system operators and specified service providers.
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the place no credit rating is obtainable, the corporate should contact their financial institution for suggestion. If the financial institution’s inside analysis is that the corporate’s credit rating was equivalent to funding grade as at 1 March 2020, it can liaise with the BoE accordingly. The BoE will then make an analysis as to deemed equivalence. Alternatively, the BoE recommends the company paper cp or its financial institution papercp review contact one among many major credit rating rankings businesses noting that the corporate intends to apply for the CCFF. The BoE may be talking to the largest credit companies in relation to facilitating the provision of proof of credit score status for firms looking for to make use of the CCFF.
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