UK And U.S. Financial Authorities Work On CCP Resolution Issues

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Joint Readout of Principals' Meeting of UK and U.S. Authorities Regarding Central Counterparty Resolution.

Worldwide Finance and Banking

Senior officials from the Bank of England, the FDIC, the CFTC, the SEC, and the Federal Reserve Board reviewed joint progress on (i) central counterparty ("CCP") resolution issues and (ii) the development of detailed operational planning to support prototype resolution strategies for UK and U.S. CCPs.

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UK And U.S. Financial Authorities Work On CCP Resolution Issues

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Finance and Banking

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United States