CPMI and IOSCO issue an assessment methodology for oversight expectations of critical service providers

The Principles for financial market infrastructures, published oversight expectations applicable to critical service providers. The operational reliability of a financial market infrastructure (FMI) may be dependent on the continuous and adequate functioning of third-party service providers such as information technology and messaging providers. It is reasonable for an FMI establish expectations specifically targeted at critical service providers.

The final document published today establishes an assessment methodology and provides guidance in assessing an FMI’s critical service providers against the oversight expectations set out in Annex F. 

 

Originally Published: 
23/12/2014