We maintain close contact with the covered bond market as a result of our ongoing supervision of regulated covered bond programmes.
To build on this, we established the UK Regulated Covered Bond Forum, which we use to promote industry-wide awareness of new and emerging issues and to give relevant market participants, including issuers, investors and other parties, the opportunity to regularly discuss these issues with us. This is also used to inform our supervisory approach and any policy initiatives.
We plan to hold the Forum as and when issues arise that would benefit from wider debate and discussion. We encourage market participants to propose agenda items and we endeavour to have all facets of the market fully represented at these forums.