The RTGS system shall be operated, managed and maintained by the BSP given its recent designation as a systemically important payment system.
May 26, 2022Interconnectedness, while providing benefits, poses certain risks that need to be recognised and analysed to guard against system-wide vulnerabilities, DTCC says.
May 6, 2022Changes from the consultation relate to the treatment of critical service providers and introduce discretion regarding the publication of material breaches.
January 21, 2022There is no standard approach to identifying the types of data that need to be protected, nor the manner in which that data should be protected.
September 24, 2021CPMI annual work programme highlights cross-border payments, stablecoins, CBDCs, central clearing and FMI risks as key priorities.
August 6, 2021The consultation seeks views on how financial market infrastructures will be identified as systemically important and the proposed approach to developing standards.
July 27, 2021Some FMIs do not fully meet expectations with respect to recovery from operational incidents, such as natural disasters or IT systems outage.
July 22, 2021APRA has written to large banks seeking assurances that lending standards are being maintained to prevent a buildup of risk in housing loan portfolios.
June 25, 2021The new crisis management regime will allow the RBA to manage a failure at a domestic clearing and settlement facility, supported by a AUD 5 billion standing facility.
June 10, 2021The measures include an FMI reform package, relief for foreign financial service firms, changes to the superannuation system, and a new commencement date for the CCIV regime.
May 13, 2021