On 9 December 2020, the Financial Stability Board (FSB) issued a paper setting out the answers to questions raised at a virtual outreach meeting which sought to provide stakeholders with further information concerning the questionnaire that was published in August for gathering information about continuity of access to financial market infrastructures (FMIs) for firms in resolution.

The questionnaire follows a stakeholder workshop held in May 2019 about the implementation of the FSB’s ‘Guidance on Continuity of Access to Financial Market Infrastructures for a Firm in Resolution’. The Guidance sets out arrangements and safeguards to facilitate continued access to critical clearing, payment, settlement, custody and other services provided by FMIs in cases where firms need to be resolved.

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