U.S., European Banking Union, and UK Officials Meet for Planned Coordination Exercise on Cross-Border Resolution Planning — 2019-04-09

WASHINGTON— Senior officials representing resolution, regulatory and supervisory authorities, central banks, and finance ministries in the United States, the United Kingdom, and the European Banking Union will hold a meeting on Saturday, April 13, as part of a series of planned exercises to enhance understanding of one another’s resolution regimes for global systemically important banks and strengthen coordination on cross-border resolution. This meeting builds upon two prior exercises in 2014 and 2016. The exercise is planned to coincide with the annual international meetings in Washington sponsored by the World Bank and International Monetary Fund. The Federal Deposit Insurance Corporation will host the exercise. Other senior officials from the United States are expected from the U.S.