Financial Stability Standards for Securities Settlement Facilities June 2024

Contents

• Introduction for Standards
• Introduction for Guidance
• Standard 1: Legal Basis
• Standard 2: Governance
• Standard 3: Framework for the Comprehensive Management of Risks
• Standard 4: Credit Risk
• Standard 5: Collateral
• Standard 6: Liquidity Risk
• Standard 7: Settlement Finality
• Standard 8: Money Settlements
• Standard 9: Central Securities Depositories
• Standard 10: Exchange-of-value Settlement Systems
• Standard 11: Participant Default Rules and Procedures
• Standard 12: General Business Risk
• Standard 13: Custody and Investment Risks
• Standard 14: Operational Risk
• Standard 15: Access and Participation Requirements
• Standard 16: Tiered Participation Arrangements
• Standard 17: FMI Links
• Standard 18: Disclosure of Rules, Key Policies and Procedures, and Market Data
• Standard 19: Regulatory Reporting
• Glossary