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critical operations

nouncandidate·updated May 9, 2026

Any activity, function, process, or service, the loss of which, for even a short period of time, would materially affect the continued operation of an FMI, its participants, the market it serves, and/or the broader financial system.

Framework senses

CPMI-IOSCO Guidance on Cyber Resilience for Financial Market Infrastructures1 senseview framework →
§1
Any activity, function, process, or service, the loss of which, for even a short period of time, would materially affect the continued operation of an FMI, its participants, the market it serves, and/or the broader financial system.