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BIS Principles (FMI)

The Principles for Financial Market Infrastructures (PFMI) are the international standards for the infrastructure that facilitates the clearing,…

What BIS Principles (FMI) requires

The Principles for Financial Market Infrastructures (PFMI) are the international standards for the infrastructure that facilitates the clearing, settlement, and recording of monetary and other financial transactions. Developed by CPSS (now CPMI) and IOSCO, the 24 principles are designed to ensure the safety, efficiency, and resilience of systemically important payment systems and central counterparties.

Pillar: Banking & Global Finance · Authority: Bank for International Settlements (BIS) · Version: 1.1.0 · Last updated:

Primary source: https://www.bis.org/cpmi/publ/d101a.htm

SHA-256 integrity: a5e1a593064e316b0ca0209fd3a939a52354a40101f75c521c07b5c8c9515c06

Primary Citations — 6 traced to source

  • CPMI-IOSCO Principles for Financial Market Infrastructures (April 2012), Principle 17: Operational Risk (Key Consideration 6 regarding 2-hour RTO and zero data loss).
  • CPMI-IOSCO Guidance on cyber resilience for financial market infrastructures (June 2016), Section 4: Protection and containment.

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