Payments System Oversight and Risk Management

Effective oversight is a core central banking function aimed at promoting the safety, efficiency, and integrity of national payment systems. This course offers a comprehensive framework for payments system oversight, focusing on the identification, measurement, and mitigation of critical risks. Participants will gain expertise in applying international standards, particularly the **CPMI-IOSCO Principles for Financial Market Infrastructures (PFMIs)**, to assess and supervise various payment systems, including RTGS, retail systems, and new digital platforms. The curriculum covers a range of risks, including credit, liquidity, legal, operational, and the rapidly evolving threat of cyber risk, emphasizing the need for robust governance and continuous surveillance.