Thomas Murray, the specialist post-trade research, ratings and risk information firm, has provided an independent third-party view of National Settlement Depository’s (NSD’s) level of observance of the CPMI-IOSCO Principles for Financial Market Infrastructures (PFMIs). FMIs are expected to undertake regular self-assessments in order to establish their degree of observance of the PFMIs, using the Disclosure Framework and Assessment Methodology published in 2012.
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