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

Author/Editor:

International Monetary Fund

Publication Date:

September 16, 2011

Electronic Access:

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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:

English

Publication Date:

September 16, 2011

ISBN/ISSN:

9781463903565/1934-7685

Stock No:

1SWEEA2011008

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

35

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