Implementation Monitoring of PFMI: Level 2 Assessment Report for the European Union — Payment Systems, CSDs and Securities Settlement Systems
Bank for International Settlements — Committee on Payments and Market Infrastructures (CPMI) (BIS-CPMI)
· published 2025-04-23
Peer review assessing completeness and consistency of EU legislation implementing the PFMI for payment systems, CSDs and SSSs; findings carry direct supervisory weight as EU authorities are expected to address identified gaps, illustrating PFMI enforcement through multilateral monitoring.
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