BOE faces industry push for flexible approach in gilt repo market reforms
( November 12, 2025, 14:44 GMT | Official Statement) -- MLex Summary: The BOE has been asked to take a flexible approach to gilt repo market reforms, after initial feedback from the industry warned that a uniform application of central clearing and minimum haircut requirements could have unintended consequences, BOE director of financial stability, strategy and risk Lee Foulger said. He added that the BOE will aim for an approach tailored to the UK market. The bank had opened a discussion paper on the resilience of the gilt repo market in September and is accepting feedback until Nov. 28. Foulger said the BOE is not committed to any specific reforms, but that feedback will inform its future policy decisions.Speech is attached....
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