ECB consultation on oversight of Payments Infrastructures

14 May 2007

The ECB announced a consultation on the oversight of payments infrastructures. So far, the Eurosystem has kept its oversight assessment methodologies mainly internal but in the spirit of the Eurosystem’s transparency policy the Eurosystem strongly believes that making the single methodology publicly available will further promote payment infrastructure designers’ and operators’ understanding of overseers’ safety and efficiency concerns, give additional incentives to operators to continue their efforts of mitigating or containing the various risks their systems may face, and ultimately help them to ensure the smooth functioning of their systems.

In this context, the Eurosystem stresses that ensuring compliance with the Eurosystem’s oversight policies remains the full responsibility of the operators of euro payments infrastructures.

Deadline for comments is 14 August 2007.

Press release
Terms of Reference
Implementation guide

© ECB - European Central Bank