Settlement Finality as a Public Good in Large-value Payment Systems
Author : Henri Pagès
Publisher :
Page : 17 pages
File Size : 18,1 MB
Release : 2005
Category :
ISBN :
Author : Henri Pagès
Publisher :
Page : 17 pages
File Size : 18,1 MB
Release : 2005
Category :
ISBN :
Author : Tom Kokkola
Publisher :
Page : 369 pages
File Size : 44,13 MB
Release : 2010
Category : Banks and banking, Central
ISBN : 9789289906333
"This book is designed to provide the reader with an insight into the main concepts involved in the handling of payments, securities and derivatives and the organisation and functioning of the market infrastructure concerned. Emphasis is placed on the general principles governing the functioning of the relevant systems and processes and the presentation of the underlying economic, business, legal, institutional, organisational and policy issues. The book is aimed at decision-makers, practitioners, lawyers and academics wishing to acquire a deeper understanding of market infrastructure issues. It should also prove useful for students with an interest in monetary and financial issues."--Introduction (Pg. 20, para 8).
Author : Cornelia Holthausen
Publisher :
Page : 19 pages
File Size : 16,50 MB
Release : 2005
Category :
ISBN :
Author : Mr.Ghiath Shabsigh
Publisher : International Monetary Fund
Page : 22 pages
File Size : 36,76 MB
Release : 2020-06-24
Category : Business & Economics
ISBN : 1513536338
Major transformations in payment and settlements have occurred in generations. The first generation was paper-based. Delivery times for payment instruments took several days domestically and weeks internationally. The second generation involved computerization with batch processing. Links between payment systems were made through manual or file-based interfaces. The change-over period between technologies was long and still some paper-based instruments like checks and cash remain in use. The third generation, which has been emerging, involves electronic and mobile payment schemes that enable integrated, immediate, and end-to-end payment and settlement transfers. For example, real-time gross settlement systems have been available in almost all countries. DLT has been viewed as a potential platform for the next generation of payment systems, enhancing the integration and the reconciliation of settlement accounts and their ledgers. So far, experiments with DLT experimentations point to the potential for financial infrastructures to move towards real-time settlement, flatter structures, continuous operations, and global reach. Testing in large-value payments and securities settlement systems have partly demonstrated the technical feasibility of DLT for this new environment. The projects examined analyzed issues associated with operational capacity, resiliency, liquidity savings, settlement finality, and privacy. DLT-based solutions can also facilitate delivery versus payment of securities, payment versus payment of foreign exchange transactions, and efficient cross-border payments.
Author : Mario Guadamillas
Publisher : World Bank Publications
Page : 44 pages
File Size : 20,49 MB
Release : 2001
Category : Banks and banking
ISBN :
How to assess securities clearance and settlement systems, based on international standards and best practices.
Author : C. E. V. Borio
Publisher :
Page : 90 pages
File Size : 31,18 MB
Release : 1993
Category : Banks and banking, International
ISBN :
Author : Group of Ten. Committee on Payment and Settlement Systems
Publisher :
Page : 68 pages
File Size : 33,19 MB
Release : 2007
Category : Emigrant remittances
ISBN :
Author :
Publisher :
Page : 760 pages
File Size : 30,94 MB
Release : 2001
Category : Banks and banking, Central
ISBN :
Author : Group of Ten. Committee on Payment and Settlement Systems
Publisher :
Page : 80 pages
File Size : 13,55 MB
Release : 2004
Category : Clearing of securities
ISBN :
Author : Bank for International Settlements
Publisher :
Page : 62 pages
File Size : 47,25 MB
Release : 1993
Category : Banks and banking, Central
ISBN :