Republic of Belarus: Financial Sector Assessment Program: Detailed Assessment of Observance of CPSS Core Principles for Systemically Important Payment Systems: Belarus Interbank Settlement System: BISS: RTGS Service
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Summary:
This Detailed Assessment of the Observance of Core Principles for Systemically Important Payment Systems (CPSS), Belarus Interbank Settlement System (BISS): RTGS Service on the Republic of Belarus reviews the core principles for systematically important payment systems. BISS offers the possibility to reserve funds in view of being used for certain specific purposes. Financial market activities in Belarusian rubel are limited, but potentially emerging. Although the Belarus Bankers Association in principle provides a forum for cooperation between banks, in payment system issues, it currently does not play an important role.
Series:
Country Report No. 2006/177
Subject:
Banking Clearing and settlement systems Core Principles for Systemically Important Payment Systems Financial institutions Financial markets Financial regulation and supervision Payment systems Real time gross settlement systems Securities
English
Publication Date:
May 18, 2006
ISBN/ISSN:
9781451805215/1934-7685
Stock No:
1BLREA2006002
Pages:
23
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