Mexico : Financial Sector Assessment Program Update; Technical Note; Observance of the Core Principles for Systemically Important Payment Systems; An Update.

This paper presents a technical note on Mexico's Observance of the Core Principles for Systemically Important Payment Systems. The Bank of Mexico has issued regulation to support check truncation, the use of electronic signatures, and regulation that endorses the development and implementation...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Staff Country Reports; Country Report ; No. 2007/166
Online Access:Full text available on IMF
Description
Summary:This paper presents a technical note on Mexico's Observance of the Core Principles for Systemically Important Payment Systems. The Bank of Mexico has issued regulation to support check truncation, the use of electronic signatures, and regulation that endorses the development and implementation of new payment instruments. In the area of retail payments, progress has been made to improve the fragmented infrastructure and enlarge the connectivity and interoperability of the different networks of commercial banks.
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Physical Description:1 online resource (12 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students