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

Senior officials from leading U.S. financial regulators and the Bank of England met on Sept. 3, 2026, for a tabletop exercise addressing hypothetical scenarios for resolving central counterparties. The session brought together representatives of the Securities and Exchange Commission, Federal Deposit Insurance Corporation, Commodity Futures Trading Commission, Federal Reserve Board, and the Bank of England. The meeting formed part of an ongoing series of senior-level dialogues that began in 2017, through which the agencies have exchanged views on CCP resolution and monitored progress on joint initiatives. Participants used the exercise to review recent collaborative work and to assess practical arrangements that would be needed if a CCP entered resolution. A primary focus of the discussion was on arrangements for information sharing and communications that could support financial stability during a CCP resolution. Those attending emphasized the value of sustaining U.K.–U.S. engagement, continuing to exchange analytical work, and coordinating policy development related to CCP resolution. The joint readout was issued as a press release from Washington, D.C., on Sept. 11, 2026. Media contacts listed in the release included Matthew Dove (Bank of England), Carroll Kim (FDIC), Brooke Nethercott (CFTC), and Ryan White (SEC). The release was last reviewed or updated on Sept. 11, 2026.