Box 1: Core principles for systemically important payment systems (BIS 2001) 1.
What does CPSIPS stand for?
CPSIPS stands for Core Principles for Systemically Important Payment Systems
This definition appears somewhat frequently and is found in the following Acronym Finder categories:
- Information technology (IT) and computers
- Business, finance, etc.
- Abbreviation Database Surfer
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Samples in periodicals archive:
The key revisions include an expansion of the policy's scope to include those Federal Reserve Bank payments and securities settlement systems that meet the policy's application criteria, revised general risk-management expectations for systems subject to the policy, and the incorporation of both the Core Principles for Systemically Important Payment Systems (Core Principles) and the Recommendations for Securities Settlement Systems (Recommendations).
The key revisions include an expansion of the policy's scope to include those Federal Reserve Bank payments and securities settlement systems that meet the policy's application criteria, revised general risk management expectations for systems subject to the policy, and the incorporation of both the Core Principles for Systemically Important Payment Systems (Core Principles) and the Recommendations for Securities Settlement Systems (Recommendations).