MIL OSI Translation. Region: Russian Federation –
Source: Central Bank of Russia – Central Bank of Russia –
The next assessment of the NSD Payment System (NSD PS) for compliance with recommendations for risk management in payment systems has been completed.
Its results indicate that NPO JSC NSD has established a high-quality legal framework for the operation of its payment system, introduced a reliable system of integrated risk management, and ensured that the needs of NSD PS participants and their clients were met.
The regulator assesses significant payment systems for compliance with recommendations every three years.
When using the material, a link to the Press Service of the Bank of Russia is required.
Note; This information is raw content directly from the source of the information. This is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.
