Chile : Technical Assistance Report-Central Bank Services to Non-bank Financial Institutions
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
The BCCh is considering broadening access to its services beyond commercial banks and some Financial Market Infrastructures (FMIs). The services include settlement accounts, intra-day liquidity, standing deposit and lending facilities, and eligibility for ELA. Banks have always had access to these services, while Central Counterparties (CCPs) and the Securities Settlement System (SSS) were granted access to a settlement account in 2009. The BCCh is considering extending its services to various types of Nonbank Financial Institutions (NBFIs) to enable it to more closely manage and mitigate financial stability risks.
Series:
Country Report No. 2020/160
Subject:
Central bank operations Central Banks Financial crises Financial markets Macroprudential policies and financial stability
English
Publication Date:
May 13, 2020
ISBN/ISSN:
9781513543604/1934-7685
Stock No:
1CHLEA2020002
Format:
Paper
Pages:
39
Please address any questions about this title to publications@imf.org