United States: Publication of Financial Sector Assessment Program Documentation: Technical Note on Selected Issues on Oversight of Payment
May 14, 2010
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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: Banking, Clearing and settlement systems, Financial markets, Financial sector policy and analysis, Payment systems, Securities settlement systems, Systemic risk
Keywords: 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
Pages:
21
Volume:
2010
DOI:
Issue:
123
Series:
Country Report No. 2010/123
Stock No:
1USAEA2010005
ISBN:
9781455206636
ISSN:
1934-7685
