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The Committee on Payment and Settlement Systems (CPSS) and the International Organization of Securities Commissions (IOSCO) have today published three documents that promote global efforts to strengthen financial market infrastructures (FMIs):
-a report entitled Principles for financial market infrastructures;
- a consultation paper on an assessment methodology for these new standards; and
- a consultation paper on a disclosure framework for the standards.
New and more demanding international standards for payment, clearing and settlement systems, including central counterparties, have today been issued by the CPSS and IOSCO in a report titled Principles for financial market infrastructures. Among other things, the standards will provide...
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