Access Model and Criteria Mode of Settlement Mode of Connectivity to the Payment Infrastructure Commitment Towards the Principles for Financial Market JoPACC's Commitment JoPACC's Position The PFMIs External Governance International Standards Legal and Regulatory Framework Stakeholders Objectives and Alignment with Public Policy Objectives Reliability Sustainability Interoperability Market Competitiveness and Representation Financial Inclusion Safety and Efficiency Organizational Structure Internal Governance and Board of Directors Qualifications of Board of Directors Managing Conflicts of Interest Responsibility, Accountability, and role of the Board of Directors, its Committees, and its Executive Management General Assembly Ownership and Governing Body Internal Governance and Board of Directors