Top UK and US officials join forces to enhance resolution

us-flag-washington-dc
The event was timed to coincide with the IMF meetings in Washington DC

Top UK and US central bankers and government officials have met in Washington, DC, in an effort to strengthen their approach to cross-border resolution.

Hosted by the Federal Deposit Insurance Corporation (FDIC), the "exercise" on Monday sought to lay the groundwork for transatlantic cooperation in the event a global systemically important bank (G-Sib) should collapse.

By agreeing necessary actions now, regulators hope future resolutions will go more smoothly. Attendees included the chiefs of bo

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: