Israel: Detailed Assessment of Observance of Basel Committee on Payments and Settlement Systems Core Principles for Systemically Important Payment Systems
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This paper presents detailed assessment of Israel’s compliance with Basel Committee on Payments and Settlement Systems Core Principles for Systemically Important Payment Systems. A significant improvement in the payments landscape has been noted, with the high value payment system meeting most international standards. Together with the creation of the Zahav system, as part of the reform in the payment and settlement systems, the Bank of Israel has also introduced a series of other changes and improvements into the existing payments systems, to bring them into line with accepted international standards.
Series:
Country Report No. 2012/086
Subject:
Asset and liability management Banking Financial institutions Financial markets Legal support in revenue administration Liquidity Payment systems Revenue administration Securities Stock markets
Frequency:
Quarterly
English
Publication Date:
April 12, 2012
ISBN/ISSN:
9781475503173/1934-7685
Stock No:
1ISREA2012008
Pages:
41
Please address any questions about this title to publications@imf.org