- MIP NEWS
An overview of oversight activities
8 April 2021
The Eurosystem is keen to foster transparency and accountability wherever it can. With this in mind, it has just published a report on the oversight of financial market infrastructures and other overseen entities.
The report sets out how the Eurosystem has exercised its oversight responsibilities since the last version was released in 2017.
It summarises the main oversight activities related to:
- individual entities, such as systemically important payment systems, payment schemes, T2S, central securities depositories and central counterparties;
- ecosystem-wide developments, such as the introduction of instant payments, the emergence of stablecoins and the impact of the coronavirus (COVID-19) pandemic and Brexit;
- regulatory developments, such as the proposed PISA framework and the revised EU regime for central counterparties;
- the Eurosystem’s work on cyber resilience, such as the development of the cyber resilience oversight expectations.