Bloomberg News

Fed Releases Principles on Financial Market Infrastructures

April 16, 2012

U.S. regulators published a final report on principles for financial market infrastructures aimed at strengthening risk management for payments systems and central counterparties.

The principles, released today by the Federal Reserve, Commodity Futures Trading Commission and Securities and Exchange Commission, also set standards for central securities depositories, securities settlement systems, and trade repositories, according to a joint statement by the regulators.

The standards are designed to make the financial systems “more resilient to financial crises and, in particular, to participant defaults,” according to a statement by William C. Dudley, president of the Federal Reserve Bank of New York.

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To contact the editor responsible for this story: Chris Wellisz at

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