CPMI‑IOSCO Release Final Guidance on FMIs’ General Business Risk Management
Current overview (not historical)
The Committee on Payment and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) jointly released the Final Report on FMIs’ Management of General Business Risks and Losses. The guidance supplements existing rules by outlining how FMIs should identify, monitor, and manage general business risks, specifying the minimum liquidity net assets required to cover potential losses, and detailing governance and transparency obligations. The report builds on a November 2025 consultation paper and incorporates findings from the PFMI Principle 15 implementation assessment. It clarifies the regulatory expectations for FMIs worldwide, aiming to strengthen resilience against non‑credit and non‑market risks while maintaining market confidence.
Written with AI from the reporting · updated 10/14/2026
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CPMI-IOSCO 发布 FMIs 管理一般业务风险与损失最终报告
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- Oct 14, 22:23
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- BIS · Press ReleasesFirst-party sourceRelated fact: single sourceFact occurrence time unverifiedSource report revisedCPMI and IOSCO release final report on FMIs' management of general business risks and losses
Report first recorded Oct 14, 22:23
The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) published a final report providing supplemental guidance to the CPMI-IOSCO Principles for financial market infrastructures (FMIs). The guidance covers identifying, monitoring, and managing general business risks; determining the minimum amount of liquid net assets funded by equity against potential general business losses; and establishing governance and transparency in risk management. This report builds on a November 2025 consultative report and incorporates findings from the Level 3 assessment report on PFMI Principle 15 implementation.
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