The Federal Deposit Insurance Corporation announced it will host a Trilateral Principal Level Exercise on 18 April 2026 involving resolution and regulatory authorities, central banks, and finance ministries from the United States, the European Banking Union, and the United Kingdom. The exercise is intended to deepen mutual understanding of each jurisdiction’s resolution regime for global systemically important banks and strengthen coordination on cross-border resolution. US participants will include principals and senior officials from the Department of the Treasury, the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of New York, the FDIC, the Securities and Exchange Commission, and the Commodity Futures Trading Commission. European Banking Union participants will include the Single Resolution Board, the European Commission, and the European Central Bank, while UK participants will include His Majesty’s Treasury and the Bank of England. The exercise will take place alongside the World Bank Group and International Monetary Fund spring meetings in Washington, D.C.
Federal Deposit Insurance Corporation 2026-04-14
Federal Deposit Insurance Corporation to host April 18 trilateral principal-level exercise on cross-border G-SIB resolution
The Federal Deposit Insurance Corporation will host a Trilateral Principal Level Exercise with resolution and regulatory authorities, central banks, and finance ministries from the United States, European Banking Union, and United Kingdom to deepen understanding of each jurisdiction’s resolution regime for global systemically important banks and enhance cross-border coordination. Participants will include the U.S. Department of the Treasury, Board of Governors of the Federal Reserve System, Single Resolution Board, European Central Bank, His Majesty’s Treasury, and Bank of England.