Bank of Zambia Circular 14/2013: Nominations for Workshop on CPSS-IOSCO Principles for FMIs

URGENT BANK of ZAMBIA DEPUfY GOVERNOR --OPERATIONS July 16,2013 CB Circular No: 14/2013 To All Commercial Banks NOMINATION FOR WORKSHOP ON CPSS-IOSCO PRINCIPLES AND SWIFT ENHANCED PORTFOLIO FOR FINANCIAL MARKET INFRASTRUCTURES (FMIs) Reference is made to the above subject matter. The Bank has engaged SWIFT to conduct a one day workshop on the CPSS-IOSCO Principles for Financial Market Infrastructures (FMIs) and SWIFT's enhanced portfolio for FMIs. This is a follow-up to the set of governance and operational principle for FMIs issued by the Committee for Payment and Settlement Systems (CPSS) of the Bank for International Settlements (BIS) and the International Organisation for Securities Commission (lOSCO). The workshop will seek to help in the identification and mitigation of risk that an FMI may introduce in the financial system. It will further aim to enlighten the participants on the provision of messaging services to various players in the international market on the role SWIFT plays in ensuring compliance with PFMLIs. The workshop will be held on is" July, 2013 in the Bank of Zambia Auditorium (Annex Building, 9 th Floor) and will be conducted in two sessions as follows; Morning Session 09:00 hrs Introduction to the CPSS/IOSCO Principles for FMIs and their impact SWIFT's role in ensuring compliance with the principles by FMIs Afternoon Session 14:00 hrs In view of the above, we write to request you to nominate suitable officials from your bank within SWIFT and appropriate business areas to attend the workshop. Kindly provide feedback by 17th July, 2013. t Bw Iya K. E. Ng'andu (Dr) DE UTY GOVERNOR - OPERATIONS Bank Square. Cairo Road P_O_Box 30080. Lusaka. Zambia. Tel:+260- 211-226844. 228888_ Fax: +260,211-237070. E-mail: bngandu@boz.zm, http://boz.zm