On June 11, 2015, the Committee on Payments and Market Infrastructures and the International Organization of Securities Commissions published the second report on Level 1 assessments of implementation monitoring of the Principles for Financial Market Infrastructures. Level 1 assessments are based on self-assessments by individual jurisdictions on how they have adopted the PFMIs through legislation, regulations and other policies. The PFMIs are international standards for payment, clearing and settlement systems and trade repositories aimed at ensuring that such infrastructure is robust and able to withstand financial stability shocks. Level 1 assessments will next be undertaken in 2016.
The report is available at: http://www.bis.org/cpmi/publ/d129.pdf