According to the submitted draft, the changes will affect the operating procedures of specialized system participants. This category will include organizations that do not have a correspondent or current account at the National Bank but possess a direct communication connection to the system. Such interaction will be permitted only for conducting final settlements on the accounts of direct participants at the regulator.
New participant categories and cybersecurity
It is proposed to include the National Bank's own automated systems, as well as operators of related payment services, in the list of specialized participants. Additionally, the draft introduces a mandatory requirement for system participants to ensure information security.
Proposed participant groups
- National Bank Automated Trading System
- Batch clearing system for small retail and regular payments
- Digital som platform
- Bank card settlement operators
- Instant payment system operator
- Interoperability operator
In addition to changing the status of participants, the regulator plans to clarify the terminology in existing documents and bring the regulatory framework into compliance with the future Digital Code.
