United States : Publication of Financial Sector Assessment Program Documentation; Technical Note on Selected Issues on Liquidity Risk Management in Fedwire Funds and Private Sector Payment.

This paper discusses Selected Issues on Liquidity Risk Management in Fedwire Funds and Private Sector Payment for the United States. While an asymmetric treatment of foreign banking organizations exists regarding the calculation of the capital measure for caps and the fee deductible, policy provisio...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Staff Country Reports; Country Report ; No. 2010/122
Subjects:
Acceso en liña:Full text available on IMF
Descripción
Summary:This paper discusses Selected Issues on Liquidity Risk Management in Fedwire Funds and Private Sector Payment for the United States. While an asymmetric treatment of foreign banking organizations exists regarding the calculation of the capital measure for caps and the fee deductible, policy provisions implemented in March 2009 substantially addressed this asymmetry. Steps are needed to amend Fedwire's settlement procedures for tri-party repo transactions, Depository Trust Company, and Clearing House Interbank Payments System to discourage late-in-the-day payments.
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Descrición Física:1 online resource (23 pages)
Formato:Mode of access: Internet
ISSN:1934-7685
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students