Risk & Compliance

Faster Payments has an enterprise-wide risk management framework, to manage risk across all time horizons, from emergence to point of impact. The framework is set up to identify, measure, manage, monitor and report all risks facing the Faster Payments Scheme.

Through a formal governance structure, which includes a Board Risk Committee, chaired by an Independent Non-Executive Director, the risk framework ensures that Faster Payments remains a reliable secure and efficient part of the financial market infrastructure.