An Update on CCP Resilience, Recovery and Resolution

The role and significance of Central Counterparties (CCPs) has increased in recent years as over-the-counter (OTC) derivatives have moved to clearing. Effective Resilience, Recovery and Resolution mechanisms for CCPs are now more than ever critical to the efficient operation, stability and sustainability of the global financial markets. This symposium will cover CCP Resilience, Recovery and Resolution from the perspective of legal, risk and policy professionals, with a specific focus on recent work by the Financial Stability Board (FSB) and CPMI-IOSCO. Speakers will include representatives of clearing members, end users and CCPs. The symposium will conclude with a panel of regulators who will discuss relevant work at FSB and CPMI-IOSCO levels, as well as national implementation of such work.