Recognised Overseas Clearing Houses
- Recognised Overseas Clearing Houses
Recognised Overseas Clearing Houses ( ROCH)
In the UK, the Financial Services Authority has recognised and supervises a number of overseas Recognised Investment exchanges (ROIEs), and has the power to recognise and supervise overseas Recognised Clearing Houses (ROCHs) under the Financial Services and Markets Act 2000 (FSMA). In order to be recognised, ROCHs must satisfy the requirements of S.292(3) of FSMA. Exchange Handbook Glossary
Financial and business terms.
2012.
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Recognised Overseas Investment Exchange — ( ROIE) A non UK exchange, yet able to act as an exchange within the UK often with a screen trading system. Recognition is granted by Her Majesty s Treasury. Dresdner Kleinwort Wasserstein financial glossary Recognised Overseas Investment… … Financial and business terms
ROCH — Recognised Overseas Clearing Houses (ROCH) In the UK, the Financial Services Authority has recognised and supervises a number of overseas Recognised Investment exchanges (ROIEs), and has the power to recognise and supervise overseas Recognised… … Financial and business terms
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ROIE — ( Recognised Overseas Investment Exchange) A non UK exchange, yet able to act as an exchange within the UK often with a screen trading system. Recognition is granted by Her Majesty s Treasury. Dresdner Kleinwort Wasserstein financial glossary… … Financial and business terms
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