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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Dettagli Bibliografici
Autore principale: Schoenmaker, Dirk
Altri autori: Folkerts-Landau, D., Garber, Peter
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1996.
Serie:IMF Working Papers; Working Paper ; No. 1996/037
Accesso online:Full text available on IMF

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