Italy: Financial Sector Assessment Program: Detailed Assessment of Observance of the IMF Code of Good Practices on Transparency in Monetary and Financial Policies: Payment Systems Oversight
March 1, 2006
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This paper discusses a Detailed Assessment of the Observance of the IMF Code of Good Practices on Transparency in Monetary and Financial Policies for Payment Systems Oversight for Italy. The Banca d’Italia’s (BI) oversight of payment systems is characterized by high levels of transparency, benefiting from clarity in the European Union-wide institutional framework, and actively contributing to its timely disclosure of policy developments and exchange of information. The BI routinely discloses the progress toward achieving its policy objectives, and engages in two-way communication with the markets.
Subject: Banking, Clearing and settlement systems, Financial markets, Financial statements, Institutional arrangements for revenue administration, Legal support in revenue administration, National payment systems, Payment systems, Public financial management (PFM), Revenue administration
Keywords: Banca d'Italia e, BI publication, BI staff, BI statute, Clearing and settlement systems, CR, Financial statements, ISCR, Legal support in revenue administration, mission statement, National payment systems, Payment systems, Payment systems oversight, role of the Banca d'Italia
Pages:
22
Volume:
2006
DOI:
Issue:
077
Series:
Country Report No. 2006/077
Stock No:
1ITAEA2006004
ISBN:
9781451819915
ISSN:
1934-7685
