FMI Disclosure - Foreign Exchange Yen Clearing System (2019 version) - [913 KB]
We are pleased to announce that the Japanese Bankers Association (Chairman: Makoto TAKASHIMA) has issued the third disclosure of information on the Foreign Exchange Yen Clearing System ("FXYCS") under the "Principles for financial market infrastructures" ("FMI Principles") published by the CPMI-IOSCO*.
* In April 2012, CPSS and IOSCO published "Principles for financial market infrastructures" ("FMI Principles") which consists of 24 principles. The FMI Principles harmonize global standards for systemically important payment systems, etc. and reinforce global standards for governance and risk management.
At the time of the publication of the FMI Principles, the name of CPMI was CPSS.