CPMI and Iosco launch first consistency assessment of FMI principles
'Level three' assessment to examine consistency implementation for CCPs
International standard setters have begun their first assessment of the consistency with which rules governing financial market infrastructures (FMIs) have been implemented in different jurisdicions.
The Committee on Payments and Market Infrastructures (CPMI) and International Organization of Securities Commissions (Iosco) announced on July 9 that they were working on their first "level three" assessment of the Principles for Financial Market Infrastructures (PFMIs).
Published in 2012, the PFMIs
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