European Union : Detailed Assessment of Implementation of the European Central Bank Observance of the CPSS-IOSCO Responsibilities of Authorities for Financial Market Infrastructure

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

February 11, 2014

Electronic Access:

Free Full text (PDF file size is 412 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses key findings of the detailed assessment of implementation of the European Central Bank (ECB) Observance of the Committee on Payment and Settlement Systems/International Organization of Securities Commission (CPSS-IOSCO) responsibilities of authorities for financial market infrastructures. The oversight framework of the ECB is comprehensive. The ECB has developed a wide-ranging oversight policy, including quantitative and qualitative criteria to identify, monitor, and remedy any potential systemic risks related to financial market infrastructures. It has also developed oversight standards covering a broad range of infrastructures, service providers, and payment schemes within the euro area.

Series:

Country Report No. 14/35

Subject(s):

English

Publication Date:

February 11, 2014

ISBN/ISSN:

9781475568844/1934-7685

Stock No:

1EUREA2014001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

40

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