COMMITTEE ON PAYMENTS AND MARKET INFRASTRUCTURES

Big Picture

New Paper Sheds Light on CCP Credit Risk Management Practices

By Manesh Samtani | 23/10/2023

The paper from CCP Global provides information on how CCPs conduct ongoing credit monitoring to make informed risk assessments and safeguard market integrity.

Market Infrastructure

CPMI Seeks Feedback on Governance of FPS Interlinking Arrangements

By Editors | 18/10/2023

The interlinking of fast payment systems is “one of the most promising solutions” for enhancing cross-border payments, CPMI says.

Market Infrastructure

CPMI Publishes Harmonised Data Requirements for ISO 20022

By Mark Johnston | 18/10/2023

The BOE, ECB and RBA have committed to aligning with the new requirements and call on other market infrastructures and payment service providers to do the same.

HKMA Chief Appointed to Key BIS Post to Support Emerging Markets

By Editors | 13/09/2023

HKMA chief Eddie Yue was appointed Chair of the meeting of Governors of major emerging market economies for three years.

Market Infrastructure

Japan FSA Revises OTC Derivatives Reporting Requirements

By Manesh Samtani | 04/09/2023

The FSA is making changes to its guidelines to remove the “UPI” and “Delta” requirements from the 1 April 2024 go-live date.

AML / KYC

Understanding the Value of Global Identifiers in the Fight Against Financial Crime

By Clare Rowley | 31/08/2023

Clare Rowley explores how the LEI is uniquely positioned to strengthen the fight against international financial crime.

Capital / Liquidity

CPMI-IOSCO Takes Stock of CCP Practices for Addressing Non-default Losses

By Editors | 24/08/2023

CPMI and IOSCO intend to publicly consult on further guidance for CCPs on addressing NDLs arising from scenarios like system outages and cyber attacks.

Big Picture

Inside ASIC’s Derivatives Reporting Rule Rewrite

By Manesh Samtani | 14/08/2023

ASIC’s Alex Orgaz-Barnier and DTCC’s Priya Kundamal spoke to Regulation Asia about the changes to the derivative transaction reporting regime in Australia.

Big Picture

BIS Releases Three Reports Covering Crypto, Stablecoins, CBDC

By Manesh Samtani | 13/07/2023

One report says explains why crypto assets are ill-suited to play a significant role in the monetary system. The other two discuss CBDC progress.