The Financial Stability Board (FSB), the Basel Committee on Banking Supervision (BCBS), the Committee on Payments and Markets Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) released a progress report on their work to enhance the resilience, recovery planning and resolvability of central counterparties (CCPs). The progress report provides an update on delivery against the 2015 workplan developed by these bodies to ensure effective coordination of policy work to make CCPs more resilient. Increased use of central clearing of derivatives is intended to enhance financial stability. At the same time, fully realising the benefits of CCPs requires them to be subject to strong regulatory oversight and supervisory requirements. The agreed workplan focuses on CCPs that are systemic across multiple jurisdictions.