Source: Central Bank of the Russian Federation in English
Assessment of Sberbank payment system
From 27 April through 11 October 2018, the Bank of Russia undertook, in accordance with the Russian legislation, its regular assessment of a socially important payment system Sberbank for its compliance with the international standard ‘Principles for Financial Market Infrastructures’ (the Principles for FMIs). The Bank of Russia recommends that national important payment system operators be compliant with the standard developed by the Committee on Payments and Market Infrastructures of the Bank for International Settlements jointly with International Organization of Securities Commissions.
The assessment confirms the Bank of Russia’s previous assessment findings that the payment system is highly compliant with the Principles for FMIs. Rankings of four principles were upgraded to the highest possible levels.
28 December 2018
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