U.S., U.K. Authorities Review Central Counterparty Resolution Coordination
Senior U.S. and U.K. authorities met on Sept. 3, 2026, to review information-sharing and communications arrangements intended to support financial stability during a central counterparty resolution.
- The tabletop exercise took place on Sept. 3, 2026.
- Participants included the SEC, FDIC, CFTC, Federal Reserve Board and Bank of England.
- The meeting focused on hypothetical central counterparty resolution.
- Authorities reviewed information-sharing and communications arrangements for financial stability.
- The exercise was part of a regular series of senior-level meetings held since 2017.
If a central counterparty were placed into resolution, U.S. and U.K. authorities would rely on coordinated information sharing and communications to support financial stability.
Senior officials from the Securities and Exchange Commission, Federal Deposit Insurance Corporation, Commodity Futures Trading Commission, Federal Reserve Board and Bank of England reviewed those arrangements during a tabletop exercise on Sept. 3, 2026.
The meeting focused on recent joint work on central counterparty resolution and on how the agencies would communicate in a hypothetical failure scenario.
Participants said continued dialogue between U.K. and U.S. authorities remained important, along with shared analysis and policy formulation on central counterparty resolution.
The exercise was part of a regular series of senior-level meetings held since 2017 to review progress on joint work among the agencies.
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