+PART III REQUIREMENTS IMPOSED ON SIPS OPERATORS
---+Article 8 Legal soundness
------+Article 8 1
------+Article 8 2
------+Article 8 3
------+Article 8 4
------+Article 8 5
------+Article 8 6
---+Article 9 Governance
------+Article 9 1
------+Article 9 2
------+Article 9 3
------+Article 9 4
------+Article 9 5
------+Article 9 6
------+Article 9 7
------+Article 9 8
------+Article 9 9
------+Article 9 10
------+Article 9 11
------+Article 9 12
---+Article 10 Framework for the comprehensive management of risks
------+Article 10 1
------+Article 10 2
------+Article 10 3
------+Article 10 4
---+Article 11 Credit risk
------+Article 11 1
------+Article 11 2
------+Article 11 3
------+Article 11 4
------+Article 11 5
------+Article 11 6
---+Article 12 Collateral
------+Article 12 1
------+Article 12 2
------+Article 12 3
------+Article 12 4
------+Article 12 5
------+Article 12 6
------+Article 12 7
---+Article 13 Liquidity risk
------+Article 13 1
------+Article 13 2
------+Article 13 3
------+Article 13 4
------+Article 13 5
------+Article 13 6
------+Article 13 7
------+Article 13 8
------+Article 13 9
------+Article 13 10
------+Article 13 11
------+Article 13 12
------+Article 13 13
------+Article 13 14
---+Article 14 Final settlement
---+Article 15 Money settlements
------+Article 15 1
------+Article 15 2
------+Article 15 3
------+Article 15 4
------+Article 15 5
------+Article 15 6
---+Article 16 Payment versus payment
---+Article 17 Participant-default rules and procedures
------+Article 17 1
------+Article 17 2
------+Article 17 3
------+Article 17 4
------+Article 17 5
---+Article 18 General business risk
------+Article 18 1
------+Article 18 2
------+Article 18 3
------+Article 18 4
------+Article 18 5
------+Article 18 6
------+Article 18 7
---+Article 19 Custody and investment risks
------+Article 19 1
------+Article 19 2
------+Article 19 3
------+Article 19 4
------+Article 19 5
------+Article 19 6
---+Article 20 Operational risk
------+Article 20 1
------+Article 20 2
------+Article 20 3
------+Article 20 4
------+Article 20 5
------+Article 20 6
------+Article 20 7
------+Article 20 8
------+Article 20 9
---+Article 21 Cyber risk
------+Article 21 1
------+Article 21 2
------+Article 21 3
------+Article 21 4
------+Article 21 5
------+Article 21 6
---+Article 22 Outsourcing
------+Article 22 1
------+Article 22 2
------+Article 22 3
------+Article 22 4
------+Article 22 5
------+Article 22 6
------+Article 22 7
------+Article 22 8
---+Article 23 Access and participation criteria
------+Article 23 1
------+Article 23 2
------+Article 23 3
---+Article 24 Tiered participation arrangements
------+Article 24 1
------+Article 24 2
------+Article 24 3
------+Article 24 4
---+Article 25 Efficiency and effectiveness
------+Article 25 1
------+Article 25 2
------+Article 25 3
---+Article 26 Communication procedures and standards
---+Article 27 Disclosure of rules, key procedures and market data
------+Article 27 1
------+Article 27 2
------+Article 27 3
------+Article 27 4
------+Article 27 5
---+Article 28 General obligation to comply
------+Article 28 1
------+Article 28 2
------+Article 28 3

PART III REQUIREMENTS IMPOSED ON SIPS OPERATORS

PART III REQUIREMENTS IMPOSED ON SIPS OPERATORS

1. Przegląd

,
Tytuł Regulacja
Article 8 Legal soundness
Article 9 Governance
Article 10 Framework for the comprehensive management of risks
Article 11 Credit risk
Article 12 Collateral
Article 13 Liquidity risk
Article 14 Final settlement

Article 14

Final settlement

A SIPS operator shall establish rules and procedures to enable final settlement to take place no later than the end of the intended settlement date.

Article 15 Money settlements
Article 16 Payment versus payment

Article 16

Payment versus payment

A SIPS operator using a payment versus payment mechanism shall eliminate principal risk by ensuring that the final settlement of one obligation occurs if and only if the final settlement of the linked obligation also occurs. This rule shall be followed regardless of whether settlement takes place on a gross or net basis and when finality occurs.

Article 17 Participant-default rules and procedures
Article 18 General business risk
Article 19 Custody and investment risks
Article 20 Operational risk
Article 21 Cyber risk
Article 22 Outsourcing
Article 23 Access and participation criteria
Article 24 Tiered participation arrangements
Article 25 Efficiency and effectiveness
Article 26 Communication procedures and standards

Article 26

Communication procedures and standards

A SIPS operator shall use or accommodate, relevant internationally accepted communication procedures and standards in order to facilitate efficient payment, clearing, settlement and recording.

Article 27 Disclosure of rules, key procedures and market data
Article 28 General obligation to comply

1.1 Odwołania

1.2 Zidentyfikowane wymagania

1.3 Powiązane normy

2. Zidentyfikowane wymagania

Wymagania
Źródło Wymaganie

3. Powiązane normy

Normy
Źródło Wymaganie