Thursday January 28 2016
News Source: Global Exchanges
Focus: Other
Type: General
Country: International
Link: http://www.cftc.gov/PressRoom/PressReleases/pr7315-16#PrRoWMBL
On 27th January 2016, the U.S. Commodity Futures Trading Commission (CFTC) announced that the CFTC had signed a Memorandum of Understanding (MOU) with the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and Deutsche Bundesbank (Bundesbank) regarding cooperation and the exchange of information in the supervision and oversight of clearing organizations that operate on a cross-border basis in the United States and in Germany.
Through the MOU, the CFTC, BaFin and Bundesbank have expressed their willingness to cooperate in the interest of fulfilling their respective regulatory mandates with respect to cross-border clearing organizations.
Click on the link above for further details.