IOSCO/PFMI

Financial Market Infrastructures (FMI) plays an important role in supporting the activities of payment, settlement, and deposit of financial instruments. KPEI also responded to it by carried out an assessment based on PFMI-IOSCO recommendations. Financial Market Infrastructures (FMI) is an important aspect of the financial system as well as the world economy. This argument is quite reasonable to see the FMI strategic role that so far functioned on facilitating the payment, to support the transaction settlement process and activities and retention of financial instruments. However, on the other hand, if it is not managed properly, FMI can be a source of the financial crisis, such as the abuse of the practice of collateral and liquidity risk due to credit losses.

The various strategic considerations underlying KPEI to pursuant assessment based on the recommendation of Principle for Financial Market Infrastructures (PFMI) issued by the International Organization of Securities Commissions (IOSCO). Another goal is to identify the important things which need improvement in the KPEI work process as a Central Counterparty (CCP) as well as the determination of priorities of things that need advanced. Assessment results can be used as a tool in identifying and developing the capacity of KPEI as a CCP with international standards 

Principles for Financial Market Infrastructures Disclosure