CHIPS Membership Compliance Programme

Control: CHIPS-001-001
Regulation: CHIPS
Category: governance
Priority: high
Frequency: annually
Type: governance

What this control requires

Maintain compliance with all CHIPS Rules for large-value payment system participation. Monitor compliance with message format requirements, settlement obligations, credit limits, and operational standards. Designate CHIPS compliance officer.

Other CHIPS controls

CHIPS-002-001 - CHIPS Settlement Monitoring and Liquidity ManagementCHIPS-003-001 - CHIPS Message Format and Security Standards