CPSS and Iosco start assessing compliance with FMI principles

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The Bank for International Settlements' Committee on Payment and Settlement Systems (CPSS) and the International Organization of Securities Commissions (Iosco) have begun assessing whether jurisdictions now comply with the Principles for Financial Market Infrastructures (PFMIs).

Published by the CPSS and Iosco in April last year, the 24 principles set out "new and more demanding" international standards for central securities depositories, securities settlement systems, central counterparties

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