CPMI-IOSCO PFMI Self Assessment

In April 2012, CPMI-IOSCO published the Principles for Financial Market infrastructures (PFMIs), a set of 24 high-level principles which set minimum recommended standards for the operations of FMIs (Central Securities Depositories (CSDs), Securities Settlement Systems (SSSs), Central Counterparties (CCPs), Payment Systems (PS) and Trade Repositories (TRs) . FMIs are expected to undertake self-assessments to gauge their level of compliance with the PFMIs every 2 years, or when proposing new services, proposing changes to risk controls or when material changes are made to their systems or environment.

Since the completion of the assessments requires significant internal resources, Thomas Murray Data Services (TMDS) assists FMIs by providing a multi-modular support service which ranges from online tools for data collection, through to a full end-to-end solution for completion of an assessment and gap analysis. Since 2013, TMDS has helped a variety of FMIs to complete new, or validate existing self-assessments in markets across the world.

To support the service, TMDS has also established a programme for monitoring the current status of PFMI completion across the markets it monitors for its clients.

TMDS have launched the PFMI Implementation Matrix (PIM) that displays the current status of the assessment of each of the 352 FMI’s within the 103 markets that TMDS currently monitor. The results (below) will be updated on a quarterly basis.

The 2 charts below display the completion rate of Self-Assessments based on the responses we have received since June 2017:

PFMI Universe

PFMI Implementation Matrix (PIM)

Click here for a full size PDF Matrix.

PFMI Matrix

(If any of the information in the matrix is not up to date please contact hrennie@ds.thomasmurray.com with an update on your current status)


If you would like to purchase this service, or find out more about it, please contact Jim Micklethwaite on +44 (0) 20 8600 2300.

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