CPMI and IOSCO Publish Final Report on FMI Business Risk
Overview
On October 14, 2026, the BIS Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) published the final report “FMIs’ Management of General Business Risks and General Business Losses: Further Guidance to the PFMI.” The Financial Services Agency’s notice links to the original report and press release on the Bank for International Settlements website.
Key points
- CPMI and IOSCO published the final report on October 14, 2026.
- The report is titled “FMIs’ Management of General Business Risks and General Business Losses: Further Guidance to the Principles for Financial Market Infrastructures (PFMI).”
- The Financial Services Agency’s notice includes links to the original press release and report.
Overview
In a notice dated October 19, 2026, the Financial Services Agency announced the publication of a report by an international organization.
As indicated by its title, the report covers the management of general business risks and general business losses by financial market infrastructures (FMIs), and provides further guidance on the PFMI.
Details
The Financial Services Agency directs readers to the original press release and report on the Bank for International Settlements website.
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