Close attention has been paid since the mid-1980s, initially by central banks and then by other regulators and participants, to the design and operation of payments and securities settlement systems. This was in response to both technological developments, which reduced the cost and increased the speed of the automated processing of payment instructions, and a rapid increase in the values being settled through many of these systems. As a result, substantial...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2004/12/01
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Информационный бюллетень
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38848
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1
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1
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2010/07/01
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Disclosed
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Reforming payments and securities settlement systems : a key element of financial infrastructure
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securities settlement system
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