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Financial Market Infrastructures: Principles and Practices (FMI-PP)

Financial Sector Policies

This course, presented by the Monetary and Capital Markets Department, focuses on the Principles for Financial Market Infrastructures (PFMI). The course is designed to be interactive by using a combination of lectures, case study simulations, group or individual presentations, and panel discussions. Lectures focus on the 24 principles and 5 responsibilities for authorities under the PFMI, the Disclosure Framework, and Assessment Methodology, and topical issues on cyber resiliency, distributed ledger technology, and relevant digital innovations. Participants, after gaining a basic understanding of the standards, apply them to a hypothetical country to assess the level of compliance of its payment system, securities settlement system, and central securities depository. The self-assessment exercises are based on targeted principles. After the hands-on self-assessment experience, results are discussed through group presentations and de-briefings. 

Read More Topic : Financial Sector Policies

    Target Audience

    Mid- to senior-level officials working in the payment, legal, and technology departments at the central bank and in positions with similar responsibilities.

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    Qualifications

    Participants should have experience in the operations and/or oversight in one or more of the following areas: payments, legal, and technology departments.

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    Course Objectives

    Upon completion of this course, participants should be able to:

    • Describe a framework of the Principles for Financial Market Infrastructures 
    • Apply the standards for the compliance of its payment system, securities settlement system, and central securities depository 
    • Enhance safety and efficiency in payments, clearing, settlement, and recording arrangements, and more broadly, to limit systemic risk and to foster transparency and financial stability
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    Upcoming Offering

    Start date End date Location Delivery Method Session No. Primary & (Interpretation) language Apply
    October 7, 2024 October 11, 2024 Singapore, Singapore In-person Training ST 24.30 English Apply online by July 15, 2024
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