Sweden : Financial Sector Assessment Program Update: Detailed Assessment of Observance on CPPS Core Principles for Systemically Important Payment (RIX)

Publication Date: September 16, 2011
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Summary: The Riksbank (RB) has conducted a formal self-assessment of the RIX system's observance of the Core Principles in the context of the IMF Financial Sector Assessment Program, which describes the role of Riksbank-Funds Transfer System (RIX) in maintaining the stability of the Swedish financial system. Riksbank’s Funds Transfer System (RIX) provides facilities for real-time gross settlement (RTGS) in central bank money of Swedish kronor (SEK) payment transactions. The assessment points to opportunities for further improvements in the legal basis and in clearly defining and publicly disclosing its major policies.
Series: Country Report No. 11/285
Subject(s): Banking sector | Central bank role | Financial Sector Assessment Program | Payment systems | Reports on the Observance of Standards and Codes | Risk management

Publication Date: September 16, 2011
ISBN/ISSN: 9781463903565/1934-7685 Format: Paper
Stock No: 1SWEEA2011008 Pages: 35
US$18.00 (Academic Rate:
US$18.00 )
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