The “Oversight Framework Regarding Payment and Securities Settlement Systems (Oversight Framework)”, which was prepared in concern with oversight activities regarding payment and securities settlement systems, which are carried out by the CBRT within the framework of Law No. 6493, was published on the CBRT’s website.

The Oversight Framework contains detailed issues regarding the scope and method of oversight activities carried out on payment and securities settlement systems established in Turkey, and in addition to the national regulations with which the systems operating in Turkey must comply, it also includes the details of classification that determines to what extent each system should adopt the “Principles for Financial Market Infrastructures (PFMI)” which is one of the most important international standards in this area.

Besides, for all payment and securities settlement systems operating in Turkey, the categories under which they are assessed in accordance with the Oversight Framework were also published on the CBRT’s website.