On 16 December 2016, the FSB published a consultative document on continuity of access to financial market infrastructures (FMIs) for a firm in resolution that proposed a set of arrangements to support continued access to FMIs by a firm in resolution. The FSB received 29 responses to the public consultation from FMIs (including central counterparties (CCPs), central securities depositaries (CSDs) and payment and securities settlement system operators), banks, official sector bodies, industry associations and advisory firms. This note summarises the comments raised in the public consultation and sets out the main changes that have been made in the final guidance to address them.
Guidance on Continuity of Access to Financial Market Infrastructures (FMIs) for a Firm in Resolution: Overview of Responses to the Public Consultation
25 July 2017 | PDF full text (149 KB)