The Federal Reserve Banks have appended the Fedwire Funds Service Disclosure (PDF) and the Fedwire Securities Service Disclosure (PDF) with respect to application of the Principles of Financial Market Infrastructure (PFMI). The cover memo on the disclosures shares news about a recent change within Federal Reserve Financial Services and advises financial institutions that the next comprehensive review of the disclosures will occur in 2023. There are no changes to the disclosures, which were last updated in November 2021.
These disclosures are required by the Federal Reserve Policy on Payment System Risk (PSR policy) (Off-site).
Questions about the Fedwire Services disclosures should be directed to WPO.Inquiries@ny.frb.org.