CIPS — Cross-Border Interbank Payment System (RMB) — payment-authority governance · vCIPS participant and busine…

CIPS — Cross-Border Interbank Payment System (RMB) — payment-authority governance

CIPS — Cross-Border Interbank Payment System (RMB) — payment-authority governance — 80% of in-scope requirements covered.

6 requirements · 5 in scope (3 enforced · 2 designed) · 1 out-of-scope (outside KYE™’s authority layer). The 80% is weighted over the in-scope base.

Source: The Cross-Border Interbank Payment System (CIPS) is the RMB cross-border clearing and settlement system operated by CIPS Co., Ltd. under People's Bank of China oversight, with direct participants settling on CIPS accounts and indirect participants routed through sponsoring direct participants, ISO 20022-based messaging, and RTGS plus hybrid-netting settlement modes. KYE Protocol™ governs the PAYMENT-AUTHORITY dimension of participation: whether an instruction carries a live, purpose-scoped mandate under the participant's trust domain, with the verdict and evidence sealed before the settlement moment. SCOPE GUARD: rows are strictly payment-authority governance — KYE™ takes no position on the content of any jurisdiction's sanctions regime, and financial-crime-screening rows bind only the participant's OWN screening authority and evidence under the laws applicable to that participant; nothing in this mapping weakens, routes around, or evades any screening obligation. · License: The CIPS participant and business rules are publications of CIPS Co., Ltd.; the KYE™ registry paraphrases each requirement's intent and cites the scheme name for mapping purposes only. No scheme text is reproduced.

By category

CategoryReqsEnforcedDesignedAdvisoryDeferredCoverage
Participation & authorised-user binding 1 1 0 0 0 100%
Pre-settlement authority checkpoint & irrevocability 1 1 0 0 0 100%
ISO 20022 messaging integrity & record retention 1 1 0 0 0 100%
Financial-crime screening authority & evidence 1 0 1 0 0 50%
Operational resilience & incident reporting 1 0 1 0 0 50%
Settlement execution & liquidity provision 1 0 0 0 0 0%

Every requirement → the KYE™ artefact that enforces it

IDTitleStatusKYE™ enforcement
cips-cross-border.participant-authority Payment instructions are submitted only by admitted direct participants (or by indirect participants through their sponsoring direct participant) via authorised users acting under a recorded, in-force mandate (CIPS participation and business rules) enforced audit_events: kye.purpose.request.v1, kye.purpose.admissibility.v1, kye.evidence.decision_map.v1, kye.compliance.attestation.v1
engines: internal, internal
rule_packs: kye:rule-pack:payments
sector_packs: kye:sector-pack:financial-services
constitution_refs: constitution/12-PURPOSE-PERMISSION.md
cips-cross-border.pre-settlement-authority-checkpoint Because CIPS settles RMB payments with real-time gross settlement (and hybrid netting sessions) whose results are not unwound, the authority verdict and its evidence must be complete BEFORE an instruction is submitted for clearing enforced audit_events: kye.purpose.admissibility.v1, kye.evidence.pack.v1, kye.replay.context_seal.v1, kye.replay.proof.v1
engines: internal, internal
rule_packs: kye:rule-pack:payments
constitution_refs: constitution/13-RESILIENCE-LOOP.md
cips-cross-border.message-integrity-records ISO 20022-based CIPS messages must be traceable and participants must retain adequate records of submitted instructions and their authorisation for audit purposes enforced audit_events: kye.evidence.pack.v1, kye.evidence.tool_call.v1, kye.audit_retention_policy.v1
engines: internal
constitution_refs: constitution/30-AUDIT-WORM-RETENTION.md
cips-cross-border.financial-crime-screening-authority Participants remain responsible for AML/CTF and applicable-law screening of the payments they submit; the screening decision must be attributable to a named authority and its evidence retained designed audit_events: kye.evidence.tool_call.v1, kye.evidence.decision_map.v1, kye.compliance.attestation.v1
rule_packs: kye:rule-pack:aml-financial-crimes
sector_packs: kye:sector-pack:aml-financial-crimes
dictionaries: internal
constitution_refs: constitution/13-RESILIENCE-LOOP.md
cips-cross-border.operational-resilience-incident Participants must meet CIPS operational requirements (availability across operating hours, contingency arrangements) and report operational incidents affecting their connection per the operator's rules designed audit_events: kye.compliance.attestation.v1, kye.evidence.pack.v1
constitution_refs: constitution/13-RESILIENCE-LOOP.md, constitution/34-RECONCILIATION-ENGINE.md
cips-cross-border.settlement-execution-liquidity Effecting RMB clearing and settlement across CIPS accounts, netting-session management, and participants' funding/liquidity management out-of-scope (no enforcement cited)