Measuring the Impact of a Failing Participant in Payment Systems /
Banks and financial market infrastructures (FMIs) that are not able to fulfill their payment obligations can be a source of financial instability. This paper develops a composite risk indicator to evaluate the criticality of participants in a large value payment system network, combining liquidity r...
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Format: | Czasopismo |
Język: | English |
Wydane: |
Washington, D.C. :
International Monetary Fund,
2020.
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Seria: | IMF Working Papers; Working Paper ;
No. 2020/081 |
Dostęp online: | Full text available on IMF |