## United States: Publication of Financial Sector Assessment Program Documentation: Technical Note on Selected Issues on Oversight of Payment

_IMF Staff Country Reports, May 14, 2010_

## Source details

**Canonical URL:** [United States: Publication of Financial Sector Assessment Program Documentation: Technical Note on Selected Issues on Oversight of Payment](https://www.imf.org/en/publications/cr/issues/2016/12/31/united-states-publication-of-financial-sector-assessment-program-documentation-technical-23865)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/united-states-publication-of-financial-sector-assessment-program-documentation-technical-23865/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/united-states-publication-of-financial-sector-assessment-program-documentation-technical-23865/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/united-states-publication-of-financial-sector-assessment-program-documentation-technical-23865/bundle-manifest.json)

## Bibliographic details
- Published: May 14, 2010
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781455206636.002

---

### Overview
- This technical note reviews the United States Federal Reserve’s oversight of payment, clearing, and settlement systems.
- As is typical for central banks, the Federal Reserve plays multiple and important roles in payment and settlement systems.
- The Federal Reserve also exercises supervisory and regulatory responsibility over certain private-sector payment and settlement systems that have bank charters subject to Federal Reserve supervision or that fall under relevant supervisory provisions for bank service companies.
- Subject areas: Banking; Clearing and settlement systems; Financial markets; Financial sector policy and analysis; Payment systems; Securities settlement systems; Systemic risk.

### Key findings and emphases
- Review focus: oversight of payment, clearing, and settlement systems by the Federal Reserve.
- Emphasis on the multiplicity of roles played by the Federal Reserve in payment and settlement systems.
- Emphasis on the Federal Reserve’s supervisory and regulatory responsibilities for private-sector payment and settlement systems when those systems have bank charters subject to Federal Reserve supervision or fall under supervisory provisions for bank service companies.

### Scope and topical coverage
- Topics and keywords included: Clearing and settlement systems; CR; financial market utility; ISCR; Payment and; payment system expert; Payment systems; payments oversight function; payments role; policy function; RTGS payment system; securities settlement risk; Securities settlement systems; settlement; settlement activity; settlement infrastructure; settlement service; settlement system; Systemic risk.

---

## Content in this bundle

- **Cr10123**
  - [Cr10123 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2010/_cr10123.pdf.md){rel="alternate" type="text/markdown"}
  - [Cr10123 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2010/_cr10123.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/united-states-publication-of-financial-sector-assessment-program-documentation-technical-23865_