CPSS and IOSCO Issue Disclosure Framework and Assessment Methodology for FMIs
The Committee on Payment and Settlement Systems (CPSS) and the International Organization of Securities Commissions (IOSCO) have published a disclosure framework and assessment methodology for their Principles for Financial Market Infrastructures (PFMIs), the new international standards for FMIs. The disclosure framework is intended to promote consistent and comprehensive public disclosure by FMIs in line with the requirements of the PFMIs, and the assessment methodology provides guidance for monitoring and assessing observance with the PFMIs. Both the framework and methodology facilitate greater transparency, objectivity and comparability of assessments of observance of the PFMIs and support consistent implementation and application of the PFMIs.
View Principles for Financial Market Infrastructures: Disclosure Framework and Assessment Methodology (links externally to IOSCO). See also: Press Release