## Financial Market Infrastructures: Principles and Practices

## Source details

**Canonical URL:** [Financial Market Infrastructures: Principles and Practices](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2024/fmi-ppce24-20)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ce/2024/fmi-ppce24-20/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ce/2024/fmi-ppce24-20/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ce/2024/fmi-ppce24-20/bundle-manifest.json)

## Bibliographic details
- Session: CE 24.20
- Location: Kuwait City, Kuwait
- Dates: September 29, 2024 - October 3, 2024 (1 week)
- Delivery method: In-person Training
- Primary language: English
- Interpretation language: Arabic
- Status: Deadline passed

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### Training program overview
- Session No.: CE 24.20
- Location: Kuwait City, Kuwait
- Date: September 29, 2024 - October 3, 2024 (1 week)
- Delivery Method: In-person Training
- Primary Language: English
- Interpretation Language: Arabic
- Status: Deadline passed
- Presented by: Monetary and Capital Markets Department

### Target audience and qualifications
- 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.
- Qualifications:
  - Participants should have experience in the operations and/or oversight in one or more of the following areas: payments, legal, and technology departments.

### Course description and content
- Focus:
  - Principles for Financial Market Infrastructures (PFMI).
- Instructional methods:
  - Combination of lectures, case study simulations, group or individual presentations, and panel discussions.
- Lecture topics include:
  - The 24 principles and 5 responsibilities for authorities under the PFMI.
  - The Disclosure Framework and Assessment Methodology.
  - Topical issues on cyber resiliency, distributed ledger technology, and relevant digital innovations.
- Practical components:
  - Participants apply standards to a hypothetical country to assess the level of compliance of its payment system, securities settlement system, and central securities depository.
  - Self-assessment exercises are based on targeted principles.
  - Hands-on self-assessment results are discussed through group presentations and de-briefings.

### 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.

---


## References

- [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Fiscal Sustainability (FS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fsce26-38)
- [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)
- [Macroeconomic Management in Resource Rich Countries (MRC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/mrcce26-44)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2024/fmi-ppce24-20_