CFTC Press Releases/
Joint Readout of Principals’ Meeting of UK and U.S. Authorities Regarding Central Counterparty Resolution
Senior officials from U.S. and UK financial regulatory agencies held a tabletop exercise to discuss hypothetical resolution strategies for central counterparties (CCPs) and enhance cross-border information sharing.
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Read the original report at CFTC Press ReleasesWhy It Matters
The meeting underscores ongoing international efforts to establish robust frameworks for managing the potential failure of systemically important financial market infrastructures, which is critical for global financial stability.