COMMITTEE ON PAYMENTS AND MARKET INFRASTRUCTURES

Fintech / Regtech

BIS, Six Central Banks to Jointly Explore CBDC Use Cases

By Editors | 22/01/2020

The group will assess CBDC use cases; economic, functional and technical design choices, including cross-border interoperability; and share knowledge on emerging technologies.

Fintech / Regtech

CPMI Offers Guidance for Designers of Wholesale Digital Tokens

By Editors | 12/12/2019

The report describes the potential innovations and design questions associated with digital tokens that could be used to settle large-value payments.

Market Infrastructure

LSEG to Provide Post Trade Technology for Philippine Bourse

By Editors | 12/12/2019

The Securities Clearing Corporation of the Philippines will use LSEG technology to enhance its clearing, settlement, risk and collateral management capabilities.

Market Infrastructure

CPMI, IOSCO Share Lessons of Supervisory Cooperation on Market Infrastructures

By Editors | 12/12/2019

Among the key features of successful cooperative arrangements are strong, trusted relationships between authorities and a willingness to exchange information.

AML / KYC

BCBS Updates AML/CFT Guidance for Correspondent Banking

By Editors | 10/11/2019

The revisions update the list of risk indicators banks should use to conduct risk assessments and specify conditions for using KYC utilities for obtaining customer information.

Big Picture

Effective Governance, Regulation Can Mitigate Cyber Risk: Moody’s

By Manesh Samtani | 25/10/2019

Regulators can help to mitigate the cyber threat by promoting contingency planning in banking and enabling information sharing among banks and regulators.

Market Infrastructure

FSB Reports on OTC Derivatives Reform Progress

By Editors | 16/10/2019

Comprehensive trade reporting requirements are in force in 23 of 24 FSB member jurisdictions, and authorities are increasingly making use of trade repository data.

Securities / Derivatives

Governance of OTC Derivatives Data Elements Finalised

By Editors | 10/10/2019

The FSB has now published the final governance arrangements for both the UTI and UPI, while CPMI-IOSCO has published the same for the other critical data elements.

Big Picture

DTCC Calls on Industry to Prioritise Business Resilience Efforts

By Editors | 24/09/2019

Firms must establish resilience as a business-owned strategic initiative, and be willing to prioritise business resilience over efficiency in some cases, says a new DTCC whitepaper.