Industry workshop on continuity of access to FMIs for firms in resolution
This note provides an informal summary of a workshop on implementation of the FSB’s Guidance on Continuity of Access to Financial Market Infrastructures (“FMIs”) for a Firm in Resolution held in Basel in May 2019. The workshop provided an opportunity for industry participants to share views and experiences in implementing the Guidance and to discuss ways to support and enhance this work to facilitate continuity of access to FMIs for a firm in resolution. We thank all those who participated in the workshop.
The FSB has committed to monitoring implementation of the Guidance and to consider what further actions could be undertaken to assist authorities and firms in their implementation efforts.
As part of the 2018 review of its processes and transparency to maximise its effectiveness, the FSB decided to make more frequent use of stakeholder workshops to support its outreach. This workshop is part of the follow-up to that decision.