The Bank for International Settlements has announced that the Committee on Payment and Settlement Systems (CPSS) has been renamed as the Committee on Payments and Market Infrastructures (CPMI).

The change, which becomes effective on 1 September 2014, aligns the name and mandate of the CPMI more closely with its actual activities. However, operations, membership and responsibilities in shaping the global payments, clearing and settlement infrastructure remain unchanged.

View CPSS – New charter and renamed as committee on payments and market infrastructures, 1 September 2014

View Committee on payments and market infrastructures charter, 1 September 2014