Principals of U.S., European Banking Union, and U.K. Financial Authorities To Meet for Regular Coordination Exercise on Cross-Border Resolution Planning

WASHINGTON – The heads of resolution and regulatory authorities, central banks, and finance ministries of the United States, the European Banking Union, and the United Kingdom are among leaders that will participate in a Trilateral Principal Level Exercise (TPLE) on Saturday, April 18, 2026. 

The meeting is the latest in a series of regular exercises and exchanges among the principals of these key financial sector authorities. These exercises enhance understanding of each jurisdiction’s resolution regime for global systemically important banks (G-SIBs), strengthen coordination on cross-border resolution, and promote confidence in and commitment to the orderly resolution of G-SIBs. The exercise coincides with the spring meetings in Washington, D.C. sponsored by the World Bank Group and the International Monetary Fund. 

The Federal Deposit Insurance Corporation (FDIC) will host the TPLE. Participants from the United States 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.

Participants from the European Banking Union include principals and senior officials from the Single Resolution Board, the European Commission, and the European Central Bank.

Participants from the United Kingdom include principals and senior officials from His Majesty’s Treasury and the Bank of England.