This paper identifies and analyzes some policy issues arising from central bank experience and practice in supporting real-time gross settlement (RTGS) systems, both as settlement authorities and as service-providing RTGS system operators. A decade of experience with RTGS across financial systems in different stages of development, in an increasingly globalized marketplace, has revealed a number of practical problems for both central banks and the...
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INFORMATION
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2009/02/01
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Document de travail
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49002
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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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The evolution of real-time gross settlement : access, liquidity and credit, and pricing
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payment system