Committee on Payments and Market Infrastructures

Fintech / Regtech

ISDA Nears Completion of Work to Digitise CFTC Reporting Rules

By Editors | 04/10/2022

ISDA working groups are transforming CFTC swap data reporting rules into machine-executable code ahead of implementation on 5 December.

Capital / Liquidity

Standard Setters Publish Review of Global Margining Practices

By Editors | 30/09/2022

Market volatility and model reactions to volatility were responsible for the majority of the peak increase in IM requirements in March and April 2020.

Market Infrastructure

RBNZ, FMA Seeks Feedback on Draft FMI Standards

By Sanday Chongo Kabange | 25/09/2022

The FMI Standards are likely to be issued in early 2023 and take effect around 1 August 2023 – once FMI designations are complete.

Market Infrastructure

Japan FSA Proposes New Derivatives Reporting Guidance

By Editors | 14/09/2022

The draft guidelines explain the data fields that need to be included in reporting, along with technical specifications and best practices for reporting.

Market Infrastructure

CPMI Issues Update on ISO 20022 Harmonisation Work

By Manesh Samtani | 12/09/2022

High-level harmonisation requirements for cross-border payments will take effect in 2025, and be adopted by all existing usage guidelines.

Securities / Derivatives

CPMI, IOSCO Consider Ways to Boost Client Clearing Access

By Editors | 08/09/2022

Practices to facilitate porting need to be further developed to ensure clients can continue to access clearing in the event of an intermediary default.

Market Infrastructure

CPMI Offers Central Banks Guidance on Liquidity Bridges

By Editors | 08/09/2022

Central bank liquidity bridges can reduce FX, credit, financial stability risks, and enhance cross-border payments by reducing funding costs.

AML / KYC

FSB Gives Full Support to Wide LEI Use in Global Payments

By Clare Rowley | 09/08/2022

The FSB’s recommendation that the LEI should be used more widely in payments will catalyze increased global LEI adoption, says GLEIF’s Clare Rowley.

Market Infrastructure

CPMI-IOSCO Explores How CCPs Address Non-default Losses

By Editors | 08/08/2022

New paper aims to help advance industry efforts and dialogue on the concepts and processes used by CCPs to address losses from non-default events, such as cyber attacks.