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Deputy Governor Ramsden of the Bank of England: For banks, we have implemented key disposal policy progress as expected. Our disposal mechanism can cope with changes in the financial system, including the growth of market-based financial activities, which is important. In order to ensure that financial institutions and central banks are ready to implement the central counterparty clearing house disposal, we have more work to do. We are considering what disposal arrangements need to be made for stablecoins that are systemically important.
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