CPSS, Iosco and FSB publish reports on FMIs

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The Committee on Payment and Settlement Systems (CPSS) and International Organization of Securities Commissions (Iosco) member states have made "substantial progress" towards implementing principles for financial market infrastructures (PFMIs), according to a report published yesterday.

The CPSS and Iosco released their first assessment of the 28 jurisdictions that have agreed to honour the principles.

The principles were published in April 2012, and a year later, CPSS and Iosco asked

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