On April 16, the Committee on Payment and Settlement Systems (CPSS) and IOSCO published the final report on the Principles for Financial Market Infrastructures, which updates the risk management and related standards applicable to financial market infrastructures. CPSS and IOSCO also released for comment the Disclosure Framework for Financial Market Infrastructures and the Assessment Methodology for the Principles for FMIs and the Responsibilities of Authorities. Comments must be submitted by June 15. SEC Release.
CPSS
Regulators Seek Comments on Financial Market Infrastructures Report
On March 10, the Committee on Payment and Settlement Systems (CPSS) and the Technical Committee of the International Organization of Securities Commission (IOSCO) released for comment a report on the Principles for Financial Market Infrastructures. The consultative report contains updated and new proposed international principles for systemically important payment systems, central securities depositories, securities settlement systems, central counterparties, and trade repositories. Comments must be submitted by July 29. SEC Release.