How to deal with the resolution of financial market infrastructures

Financial market infrastructures (FMIs) are the backbone of the financial system: they enable market participants to transact with one another in an efficient manner. FMIs are inherently systemic, as their very names imply: payments systems, central securities depositories (CSDs), securities settlement systems (SSSs), central counterparties (CCPs) and trade repositories (TRs). If an FMI were to cease operation, it could put a stop to payments and/or securities and derivatives transactions. This in turn could destabilise financial markets and possibly the economy at large. To avoid such an outcome, steps need to be taken to ensure that FMIs’ critical economic functions continue, even if a particular FMI were to fail.

During the CEPS Lunchtime meeting, the 2nd Interim Report of the CEPS Task Force on the Resolution of Financial Market Infrastructures will be launched and discussed. The report, entitled “How to deal with the Resolution of Financial Market Infrastructures?”, highlights the issues that the resolution regime for FMIs should consider and options for how these could be addressed.

Download report on the event here

19
October 2016
Wednesday
13:15-14:30

1108

Speakers

Thomas F. Huertas
Partner, EY & Chairman of the CEPS Task Force
Patrick Pearson
Head of Unit, DG FISMA, European Commission
Dennis McLaughlin
Chief risk Officer, LCH Clearnet

Chair

Karel Lannoo
CEO, CEPS

How to deal with the resolution of financial market infrastructures

Contact: 
Organiser: 
19
October 2016
Wednesday
13:15-14:30
Free participation in our meetings is a benefit of CEPS membership. Non-members may be admitted for Euro 50, paid in cash at registration. Representatives from the European institutions (Commission – Parliament – Council – EEAS – Committee of the Regions) & members of the press benefit from free entrance, too. A sandwich lunch will be served from 12.30 onwards.

1108

CEPS Conference room

Place du Congrès 1 - 1000 Brussels