Operational Resilience of Critical Payment Infrastructure

Operational resilience is the ability of a financial market infrastructure (FMI) to prevent, withstand, adapt to, and recover from severe operational disruptions, ensuring the continuity of critical functions. This course provides a comprehensive, practical guide to establishing and maintaining the operational resilience of systemically important payment systems (e.g., RTGS, CCPs) beyond traditional Business Continuity Planning (BCP). It emphasizes the new regulatory focus on end-to-end service mapping, setting tolerance levels for disruption, and coordinating across the entire ecosystem—including third-party vendors and system participants. Participants will learn how to implement the principles outlined by CPMI-IOSCO and other regulators to protect the stability and integrity of the national financial system against diverse threats, especially cyber.