Committee on Payments and Market Infrastructures

    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.

    Market Infrastructure

    Wolfsberg Group Publishes CBDDQ Capacity Building Materials

    By Editors | 01/07/2019

    The materials include high level training videos and detailed guidance on the questionnaire, aimed at facilitating its implementation and halting the decline in correspondent banking.

    Market Infrastructure

    CPMI-IOSCO Paper on CCP Default Management Auctions

    By Editors | 07/06/2019

    The discussion paper describes the considerations CCPs take into account when planning and conducting default management auctions.

    Crypto / Digital Assets

    FSB Issues Report to G20 on Crypto-Asset Regulation

    By Manesh Samtani | 04/06/2019

    Forward-looking risk assessments are needed in crypto-asset markets to identify trends that may give rise to financial stability and other risks and assess their potential significance early on.

    Market Infrastructure

    FSB Details Progress to Address Decline in Correspondent Banking

    By Editors | 03/06/2019

    The number of active correspondent banks declined by 3.4% in 2018, bringing the cumulative decline since 2011 to 19.3 percent.

    Market Infrastructure

    Decline in Correspondent Banking is Universal – CPMI

    By Editors | 28/05/2019

    Over the last seven years, active relationships in the global correspondent banking network have declined by about 20%, and the number of active corridors has fallen by roughly 10%.

    Market Infrastructure

    FSB Designates UK Agency as Sole UPI Service Provider

    By Editors | 03/05/2019

    The Derivatives Service Bureau will be the sole issuer of UPI codes and operate the UPI reference data library, facilitating the use of OTC trade reporting data in assessing systemic risk.

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