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

Senior officials from the Securities and Exchange Commission, Federal Deposit Insurance Corporation, Commodity Futures Trading Commission, Federal Reserve Board, and Bank of England convened for a tabletop exercise on September 3, 2026, to discuss certain central counterparty resolution scenarios. The exercise aimed to test and refine coordination mechanisms between U.S. and UK authorities in the event of a major financial institution failure.