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LONDON (MNI)

The Bank of England and the Commodity Futures Trading Commission (CFTC) have signed an updated Memorandum of Understanding 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 the United Kingdom.

CFTC Chairman Heath P. Tarbert and BoE Deputy Governor for Financial Stability Jon Cunliffe Tuesday published a joint op-ed for Risk.net outlining the agreement.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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