Global standard-setting bodies publish a toolkit for cyber resilience at FMIs and a discussion paper on FMIs’ reliance on third-party service providers
Why this matters
This is a formal consultation by CPMI-IOSCO seeking stakeholder input on two interconnected deliverables: a cyber resilience toolkit for FMIs and a discussion paper on third-party service provider risks. The toolkit complements existing PFMI principles and provides practical guidance on operational resilience. The discussion paper identifies key challenges in FMI reliance on third-party providers for critical services. Both documents target financial market infrastructures broadly (payment systems, central counterparties, securities depositories, etc.), making this a consultation of broad significance with a defined submission deadline, warranting high urgency classification.
AI-generated classification rationale, not a full analysis. Verify with the original BIS source before acting. Full disclaimer.
What the BIS said
CPMI-IOSCO are seeking input from stakeholders on a cyber resilience toolkit for financial market infrastructures (FMIs) and on risks to FMIs from third-party service providers. The Cyber resilience toolkit: practical considerations for FMIs supports FMIs in strengthening their cyber resilience frameworks. The…
Extract from BIS . Read the full notice at the source for the authoritative text.
Context
Bank for International Settlements (BIS) — Hosts the Basel Committee, whose capital and liquidity standards national regulators implement. We track 62 updates from them.
Global standard-setters whose frameworks are adopted into national regulation. Browse all International updates.
This update is classified under Technology & Cyber, Operational Resilience / Outsourcing, Payments & E-Money and Capital Markets & Trading.