On Approval of the Instruction on Comprehensive Assessment of Systemically Important Payment Systems
This Instruction establishes the procedure for the National Bank's evaluation of systemically important payment systems for compliance with international standards.
Structure of the act:
1. General Provisions - define the scope of application and terms
2. Evaluation Principles - 18 key principles regarding legal basis, risk management, settlements, security, etc.
3. Evaluation Criteria - detailed requirements for verifying compliance…