The Reform of Wholesale Payment Systems and its Impacton Financial Markets /

This paper reviews the ongoing efforts to reduce the risks inherent in the world's principal wholesale payment systems. The paper assesses the major policy proposals to contain the growth in intraday credit exposures that arises in net settlement wholesale payment systems and in the real-time g...

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Detalhes bibliográficos
Autor principal: Schoenmaker, Dirk
Outros Autores: Folkerts-Landau, D., Garber, Peter
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1996.
coleção:IMF Working Papers; Working Paper ; No. 1996/037
Acesso em linha:Full text available on IMF