(3)In January 2001, the Eurosystem adopted the Core Principles for Systemically Important Payment Systems developed by the Committee on Payment and Settlement Systems (CPSS) of the Bank for International Settlements (BIS) as minimum requirements for systemically important payment systems (SIPS) 1 .
Recital 3
- 1 Available on the BIS's website at www.bis.org/publ/cpss43.pdf ↩