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

## Source details

**Canonical URL:** [Financial Market Infrastructures: Principles and Practices (FMI-PP)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fmi-ppce26-27)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ce/2026/fmi-ppce26-27/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ce/2026/fmi-ppce26-27/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ce/2026/fmi-ppce26-27/bundle-manifest.json)

## Bibliographic details
- Session: CE 26.27
- Location: Kuwait City, Kuwait
- Dates: September 20-24, 2026 (1 week)
- Delivery method: In-person Training
- Primary language: English
- Interpretation language: Arabic
- Status: Deadline passed

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### Program overview and logistics
- Event: Financial Market Infrastructures: Principles and Practices.
- Session No.: CE 26.27.
- Location: Kuwait City, Kuwait.
- Date: September 20-24, 2026 (1 week).
- Delivery Method: In-person Training.
- Primary Language: English.
- Interpretation Language: Arabic.
- Status: Deadline passed.

### Target audience and qualifications
- Target Audience:
  - Mid- to senior-level officials working in the payment, legal, risk management, and technology departments at the central bank or supervisory authority and in positions with similar responsibilities.
- Qualifications:
  - Participants should have experience in operations, policy, and/or oversight in one or more of the following areas: financial market infrastructures (such as payments systems, securities settlement systems, central securities depositories, central counterparties, and trade repositories), legal, risk management, and technology departments.

### Course content and pedagogy
- Focus:
  - The Principles for Financial Market Infrastructures (PFMI).
- Instructional methods:
  - Combination of lectures, case study simulations, group or individual presentations, and panel discussions.
- Lecture topics:
  - 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 exercises:
  - Participants apply standards to a hypothetical country to assess compliance of its payment system, securities settlement system, and central securities depository.
  - Self-assessment exercises are based on targeted principles.
  - Results are discussed through group presentations and de-briefings.

### Course objectives and outcomes
- Upon completion, participants should be able to:
  - Understand 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.
  - Limit systemic risk and 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/2026/fmi-ppce26-27_