{
  "title": "Spain: Financial Sector Assessment Program: Detailed Assessment of the CPSS Core Principles for Systemically Important Payment Systems",
  "publication": "IMF Staff Country Reports, June 14, 2006",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/spain-financial-sector-assessment-program-detailed-assessment-of-the-cpss-core-principles-19345",
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  "summary": "The assessment of the Systemically Important Payment System (SIPS) in Spain against the Committee on Payment and Settlement Systems (CPSS) Core Principles was undertaken as part of the Financial Sector Assessment Program (FSAP).",
  "publishDate": "2006-06-14",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Summary",
      "content": "- The assessment of the Systemically Important Payment System (SIPS) in Spain against the Committee on Payment and Settlement Systems (CPSS) Core Principles was undertaken as part of the Financial Sector Assessment Program (FSAP).\n- It assesses the Observance of Core Principles for Systemically Important Payment Systems (CPSIPS) of the IMF and the World Bank.\n- It reviews the discussions of the staffs of the Banco de España (BE) and commercial banks.\n- It analyzes the self assessment by the BE and the assessment of the Euro Large-Value Payment System against the core principles published by the European Central Bank.\n- Publication date: June 14, 2006."
    },
    {
      "heading": "Major themes and focus areas",
      "content": "- Banking\n- Clearing and settlement systems\n- Credit\n- Financial markets\n- Financial regulation and supervision\n- Large value payment systems\n- Liquidity risk\n- Money\n- Payment systems"
    },
    {
      "heading": "Keywords and specific topics covered",
      "content": "- BE computer\n- BE oversight function\n- BE representative\n- Central America\n- Clearing and settlement systems\n- consultation process\n- CR\n- Credit\n- credit risk\n- financial risk\n- insolvency proceedings\n- ISCR\n- Large value payment systems\n- liquidity reservation facility\n- Liquidity risk\n- manual of the SLBE\n- payment order\n- Payment systems\n- risk management\n- SLBE system\n- system objective\n- Western Hemisphere\n\n---\n\n Content in this bundle\n\n- cr06221\n  - cr06221 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr06221 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/spain-financial-sector-assessment-program-detailed-assessment-of-the-cpss-core-principles-19345"
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    "Published: June 14, 2006",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451812237.002",
    "The assessment of the Systemically Important Payment System (SIPS) in Spain against the Committee on Payment and Settlement Systems (CPSS) Core Principles was undertaken as part of the Financial Sector Assessment Program (FSAP).",
    "It assesses the Observance of Core Principles for Systemically Important Payment Systems (CPSIPS) of the IMF and the World Bank.",
    "It reviews the discussions of the staffs of the Banco de España (BE) and commercial banks.",
    "It analyzes the self assessment by the BE and the assessment of the Euro Large-Value Payment System against the core principles published by the European Central Bank.",
    "Publication date: June 14, 2006.",
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    "ISCR",
    "Large value payment systems",
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    "manual of the SLBE",
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    "Payment systems",
    "risk management",
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    "system objective",
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