JoPACC's Commitment

Through its Risk Management Framework, JoPACC is committed to leverage the PFMIs to minimize the risks arising across its financial market infrastructures, all while increasing safety and efficiency. More specifically, JoPACC is devoted to the following:
 

• Utilize the PFMIs as a guiding framework on the safe and efficient operation and management of payment systems
• Identify gaps between JoPACC’s current practices and those stipulated in the PFMIs to formulate action plans based on criticality and priority
• Maintain a viable recovery or orderly wind-down plan to reduce the disruption caused by shocks or times of market stress