On 16 August 2016, the FSB published a discussion note on Essential Aspects of CCP Resolution Planning that sought comments on aspects of central counterparty (CCP) resolution that are considered core to the design of effective resolution strategies.
The FSB received 38 responses including from CCPs, participants, industry associations and other infrastructure providers. Most respondents expressed overall support for the objectives of resilience, recovery and resolvability of CCPs and welcomed the FSB’s engagement on the topic.
This note summarises the main themes emerging from the responses to the discussion note, and identifies where these themes are considered in the consultative document Guidance on Central Counterparty Resolution and Resolution Planning.