## Mexico: Financial Sector Assessment Program Update: Technical Note: Observance of the Core Principles for Systemically Important Payment Systems: An Update

_IMF Staff Country Reports, May 15, 2007_

## Source details

**Canonical URL:** [Mexico: Financial Sector Assessment Program Update: Technical Note: Observance of the Core Principles for Systemically Important Payment Systems: An Update](https://www.imf.org/en/publications/cr/issues/2016/12/31/mexico-financial-sector-assessment-program-update-technical-note-observance-of-the-core-20965)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/mexico-financial-sector-assessment-program-update-technical-note-observance-of-the-core-20965/index.md)
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## Bibliographic details
- Published: May 15, 2007
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451825749.002

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### Summary
- This paper presents a technical note on Mexico’s Observance of the Core Principles for Systemically Important Payment Systems.
- The Bank of Mexico has issued regulation to support check truncation, the use of electronic signatures, and regulation that endorses the development and implementation of new payment instruments.
- In the area of retail payments, progress has been made to improve the fragmented infrastructure and enlarge the connectivity and interoperability of the different networks of commercial banks.

### Key findings and technical developments
- Bank of Mexico regulatory actions:
  - Issued regulation to support check truncation.
  - Issued regulation to support the use of electronic signatures.
  - Issued regulation endorsing the development and implementation of new payment instruments.
- Retail payments infrastructure:
  - Progress noted in reducing fragmentation of infrastructure.
  - Progress noted in enlarging connectivity and interoperability of different networks of commercial banks.

### Subject coverage and keywords
- Subject: Asset and liability management; Collateral; Credit; Financial institutions; Financial markets; Lines of credit; Liquidity; Payment systems; Securities settlement systems
- Keywords: BOM window; card payment; Collateral; CR; ISCR; Lines of credit; Liquidity; payment; payment function; payment law; payment order; payment service; Payment systems; payments SPEI; repo facility; securities; securities settlement system SIDV; Securities settlement systems; settlement system; SIDV

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## Content in this bundle

- [Cr07166 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2007/_cr07166.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/mexico-financial-sector-assessment-program-update-technical-note-observance-of-the-core-20965_