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Commodities Futures Trading Commission (CFTC) and Reserve Bank of Australia Sign Memorandum of Understanding Regarding Cross-Border Clearing Organizations

Commodities Futures Trading Commission (CFTC) and Reserve Bank of Australia Sign Memorandum of Understanding Regarding Cross-Border Clearing Organizations
Sunday, June 8, 2014

The Commodity Futures Trading Commission and Reserve Bank of Australia signed a memorandum of understanding (MOU) regarding the cooperation and the exchange of information in the supervision and oversight of clearing organizations that operate on a cross-border basis in both the United States and Australia. The MOU calls for communication between the CFTC and Reserve Bank of Australia, including event-triggered notifications, request-based information sharing and periodic meetings. 

The MOU is available here. The CFTC press release regarding the MOU is available here.

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