BoE and CFTC reinforce cross-border supervision of derivatives clearing in new agreement

Regulators for the UK and US derivatives markets have signed a new cross-border supervisory agreement for clearing houses operating in both countries. 

The Bank of England (BoE) and the US Commodity Futures Trading Commission (CFTC) announced the signing of a new memorandum of understanding (MOU) where they have established a cooperation framework for overseeing international clearing houses.  

• Author of original article: Joe Parsons
• Publication Name: The Trade
• URL of the original article: https://www.thetradenews.com/boe-and-cftc-reinforce-cross-border-supervision-of-derivatives-clearing-in-new-agreement/