On 26 February 2015 the Committee on Payments and Market Infrastructures and the International Organization of Securities Commissions published three reports on selected jurisdictions' progress towards the implementation of the Principles for Financial Market Infrastructures.

What this means for you

The principles apply to all systemically important payment systems, central securities depositories, securities settlement systems, central counterparties and trade repositories. The standards are designed to ensure that the infrastructure supporting global financial markets is robust enough to withstand financial shocks, and contain new and more demanding international standards for payment, clearing and settlement systems.