Senior U.S. and European officials will hold the second of their ongoing series of planned exercises intended to enhance coordination on cross-border resolution. The exercise will be hosted by the FDIC and will include senior officials from the Treasury Department, the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, the SEC, the CFTC and the Federal Reserve Bank of New York. European participants will include senior officials from HM Treasury, the Bank of England, the UK Prudential Regulation Authority, the Single Resolution Board, the European Commission and the European Central Bank.
The "discussion exercise" will be held on October 10, 2016 and follows a similar exercise conducted by senior officials from the United States and the United Kingdom in 2014.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.