/KACC, January 20, 2025/ – KASE Clearing Centre JSC (KACC, Clearing Centre) announces that it has successfully passed an assessment by the UK's specialist post-trade risk assessment consultancy agency, Thomas Murray, for compliance with the CPMI-IOSCO PFMI standards.

CPMI-IOSCO PFMI (Principles for Financial Market Infrastructure) are 24 international fundamental principles that financial market infrastructure organizations, among them Central Counterparties, must follow in their operation, including standards for control and monitoring of credit and operational risks, corporate governance, settlements on concluded transactions, liquidity management, default management, etc.

Of the 24 principles, 18 principles apply to activities of the central counterparty. According to Thomas Murray's assessment, the Clearing Centre observes all these principles in its operation. The final assessment in accordance with the international standards for assessing observation of the PFMI standards received by the Clearing Centre is "Broadly observed".

More detailed information is provided in the KACC press release.

Press release in Kazakh – see more

Press release in Russian – see more

Press release in English – see more

The Thomas Murray report in English is available – see more

[2025-01-20]