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September 23, 2015
Commentary by Steven Lofchie

The Financial Stability Board ("FSB"), the Basel Committee on Banking Supervision ("BCBS"), the Committee on Payments and Markets Infrastructures ("CPMI") and IOSCO released a 2015 central counterparties ("CCPs") workplan and a progress report detailing the agencies' efforts to enhance the "resilience, recovery planning and resolvability" of CCPs. The workplan focuses on CCPs that are systemic across multiple jurisdictions.