Given the critical role that financial market infrastructures (FMIs) play in promoting the stability of the financial system, the Committee on Payments and Market Infrastructures (CPMI) has sought to understand the current cyber risks faced by FMIs and their level of readiness to effectively...

International banking has been an important driver of financial globalisation and integration, thus contributing to welfare gains over time and across countries. During the recent crisis, however, the plight of many internationally active banks epitomised the fragility of the financial system....