Officials hold Sept. 3 tabletop exercise on CCP resolution

  • U.S. and UK officials held a tabletop exercise on hypothetical CCP resolution issues.
  • Officials met on Sept. 3, 2026, to review information-sharing and communications arrangements.
  • The meeting continued senior-level discussions that have taken place regularly since 2017.

Senior officials from the Securities and Exchange Commission, Federal Deposit Insurance Corporation, Commodity Futures Trading Commission, Federal Reserve Board and Bank of England met on Sept. 3, 2026, for a tabletop exercise on issues related to the hypothetical resolution of central counterparties (CCPs), entities that stand between buyers and sellers in financial trades. The meeting formed part of regular senior-level discussions held since 2017 and reviewed joint work, particularly arrangements for information sharing and communications during a CCP resolution. Participants emphasized continued dialogue and analysis-sharing between UK and U.S. authorities, as well as cooperation on policy formulation. Media contacts were provided for the Bank of England, FDIC, CFTC and SEC.

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