FSB seeks feedback on first experiences with the Framework for information from FMI intermediaries
The FSB is conducting a survey to gather feedback on its Framework for information from FMI Intermediaries to support resolution planning (the Framework). The Framework aims to help FMI intermediaries better understand which information clients and their resolution authorities may need from them in the run-up to, and during, a firm’s resolution. It does so by providing an overview of the baseline information that is potentially relevant for clients and resolution authorities, which they and FMI intermediaries can then discuss, as needed, in their bilateral engagement.
This survey is part of the FSB’s outreach strategy with external stakeholders regarding the topic of Continuity of Access to FMIs for firms in resolution. It aims to gather stakeholders’ feedback on the Framework, from the perspective of FMI service providers, as well as firms subject to a resolution planning requirement and bank resolution authorities (as users of FMI service providers’ responses). Stakeholders’ input will support the efforts of FSB member authorities to ensure the Framework remains relevant and accessible. It will also help to improve the quality of information gathering for firms on this topic. Responses will inform the revision of the Framework by FSB member authorities.
The survey closes on Sunday 9 October at 23:59 CEST. An anonymised summary of the responses may be published on the FSB website.