Publication: Reforming Payments and Securities Settlement Systems in Latin America and the Caribbean
dc.contributor.author | Cirasino, Massimo | |
dc.contributor.author | Guadamillas, Mario | |
dc.contributor.author | GarcÃa, José Antonio | |
dc.contributor.author | Montes-Negret, Fernando | |
dc.date.accessioned | 2012-05-30T13:13:14Z | |
dc.date.available | 2012-05-30T13:13:14Z | |
dc.date.issued | 2007 | |
dc.description.abstract | The payments and securities settlement system is the infrastructure (comprising institutions, instruments, rules, procedures, standards, and technical means) established to effect the transfer of monetary value between parties discharging mutual obligations. A securities clearance and settlement system can be considered as part of the overall payment mechanisms of a country, in that it satisfies the main features of this overall definition The purpose of this book is to (a) extract the main lessons and experiences of the Western Hemisphere Payments and Securities Clearance and Settlement Initiative - Western Hemisphere Payments and Securities Settlement Forum (WHI-WHF) regarding the implementation of various reforms; (b) describe status of and major trends in payments and securities settlement systems worldwide and their implications for the LAC region; (c) summarize the detailed assessment findings for each LAC country in the following fields: (1) legal and regulatory framework, (2) main characteristics of the inter-bank exchange and settlement circuits, (3) retail settlement systems, (4) the role of the government as a major participant in the payments system, (5) foreign exchange and cross-border settlement, (6) the operation of the inter-bank money market, (7) aspects related to securities settlement such as the legal framework, clearance and settlement processes, settlement risks, operational reliability, custody, depositories' organizational arrangements, cross-border links, and (8) the oversight role of the central bank, coordination with the regulatory and supervisory role over securities settlement, and cooperation with the private sector; and (d) propose practical observations regarding the implementation of payments and securities settlement system reforms in the LAC region. | en |
dc.identifier | http://documents.worldbank.org/curated/en/2007/01/7299376/reforming-payments-securities-settlement-systems-latin-america-caribbean | |
dc.identifier.doi | 10.1596/978-0-8213-6635-6 | |
dc.identifier.isbn | 0-8213-6635-1 | |
dc.identifier.uri | https://hdl.handle.net/10986/6630 | |
dc.language | English | |
dc.language.iso | en_US | |
dc.publisher | Washington, DC : World Bank | |
dc.rights | CC BY 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | http://creativecommons.org/licenses/by/3.0/igo | |
dc.subject | ACH | |
dc.subject | AMF | |
dc.subject | ARAB MONETARY FUND | |
dc.subject | ATM | |
dc.subject | BANK FOR INTERNATIONAL SETTLEMENTS | |
dc.subject | BANK OF JAMAICA | |
dc.subject | BANK OF SPAIN | |
dc.subject | BANKING SUPERVISION | |
dc.subject | CAPITAL MARKETS | |
dc.subject | CDS | |
dc.subject | CEMLA | |
dc.subject | CENTRAL BANK REGULATION | |
dc.subject | CENTRAL BANKS | |
dc.subject | CHARACTER RECOGNITION | |
dc.subject | CLEARING HOUSE | |
dc.subject | CLEARING MEMBERS | |
dc.subject | CLEARINGHOUSE | |
dc.subject | COMMERCIAL BANKS | |
dc.subject | COMMITTEE ON PAYMENT AND SETTLEMENT SYSTEMS | |
dc.subject | COMPONENTS | |
dc.subject | CONTAGION | |
dc.subject | CONTRACT ENFORCEMENT | |
dc.subject | COPYING | |
dc.subject | COUNTERPARTY | |
dc.subject | CPSS | |
dc.subject | CSD | |
dc.subject | CUSTODY | |
dc.subject | CUSTODY RISK | |
dc.subject | DELIVERY VERSUS PAYMENT | |
dc.subject | DEPOSITORY | |
dc.subject | DEPOSITS | |
dc.subject | DERIVATIVES | |
dc.subject | DVP | |
dc.subject | ||
dc.subject | EASTERN CARIBBEAN CENTRAL BANK | |
dc.subject | ECONOMICS | |
dc.subject | EFTPOS | |
dc.subject | ELECTRONIC FUNDS | |
dc.subject | ELECTRONIC FUNDS TRANSFER | |
dc.subject | EMERGING MARKETS | |
dc.subject | EMI | |
dc.subject | END USERS | |
dc.subject | EUROPEAN MONETARY INSTITUTE | |
dc.subject | FEDERAL RESERVE BANK OF NEW YORK | |
dc.subject | FINANCIAL CONTRACTS | |
dc.subject | FINANCIAL INSTITUTIONS | |
dc.subject | FINANCIAL INTERMEDIARIES | |
dc.subject | FINANCIAL INTERMEDIATION | |
dc.subject | FINANCIAL MARKET LIBERALIZATION | |
dc.subject | FINANCIAL MARKETS | |
dc.subject | FINANCIAL SECTOR | |
dc.subject | FINANCIAL SERVICES | |
dc.subject | FINANCIAL STABILITY | |
dc.subject | FINANCIAL SYSTEMS | |
dc.subject | FINANCIAL TRANSACTIONS | |
dc.subject | FOREIGN EXCHANGE | |
dc.subject | FUNDS TRANSFER SYSTEMS | |
dc.subject | GLOBALIZATION | |
dc.subject | GOVERNMENT SECURITIES | |
dc.subject | GROSS SETTLEMENT | |
dc.subject | GROSS SETTLEMENT SYSTEM | |
dc.subject | GROUP OF TEN | |
dc.subject | ICSD | |
dc.subject | IFIS | |
dc.subject | INFORMATION SYSTEMS | |
dc.subject | INFORMATION TECHNOLOGIES | |
dc.subject | INTERBANK PAYMENTS | |
dc.subject | INTERNATIONAL FINANCIAL INSTITUTIONS | |
dc.subject | INTERNATIONAL MONETARY FUND | |
dc.subject | INTEROPERABILITY | |
dc.subject | INVESTMENT SERVICES | |
dc.subject | ISIN | |
dc.subject | LATIN AMERICAN | |
dc.subject | LEGAL FRAMEWORK | |
dc.subject | MAGNETIC INK CHARACTER RECOGNITION | |
dc.subject | MARKET PARTICIPANTS | |
dc.subject | MICR | |
dc.subject | MIDDLE EAST | |
dc.subject | MONEY LAUNDERING | |
dc.subject | NET SETTLEMENT | |
dc.subject | NETWORKS | |
dc.subject | NORTH AFRICA | |
dc.subject | OTC | |
dc.subject | OVERSIGHT OF PAYMENT SYSTEMS | |
dc.subject | PAYMENT ARRANGEMENTS | |
dc.subject | PAYMENT SYSTEM | |
dc.subject | PAYMENT SYSTEMS | |
dc.subject | PAYMENTS | |
dc.subject | PAYMENTS SYSTEM | |
dc.subject | PAYMENTS SYSTEMS | |
dc.subject | POINT OF SALE | |
dc.subject | PUBLIC DEBT | |
dc.subject | PUBLIC KEY INFRASTRUCTURE | |
dc.subject | PUBLIC POLICY | |
dc.subject | PVP | |
dc.subject | REGULATORY FRAMEWORK | |
dc.subject | RETAIL PAYMENT SYSTEMS | |
dc.subject | RETAIL PAYMENTS | |
dc.subject | RISK SHARING | |
dc.subject | RTGS | |
dc.subject | SADC | |
dc.subject | SAN | |
dc.subject | SECURITIES | |
dc.subject | SECURITIES COMMISSIONS | |
dc.subject | SECURITIES TRADING | |
dc.subject | SETTLEMENT RISKS | |
dc.subject | SETTLEMENT SYSTEMS | |
dc.subject | SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION | |
dc.subject | SOUTHERN AFRICAN DEVELOPMENT COMMUNITY | |
dc.subject | SUBSIDIARY | |
dc.subject | SYSTEMIC RISK | |
dc.subject | TECHNICAL ASSISTANCE | |
dc.subject | TECHNOLOGICAL CAPABILITIES | |
dc.subject | TECHNOLOGICAL DEVELOPMENT | |
dc.subject | TRANSMISSION OF MONETARY POLICY | |
dc.subject | TRANSPARENCY | |
dc.subject | TRINIDAD AND TOBAGO | |
dc.title | Reforming Payments and Securities Settlement Systems in Latin America and the Caribbean | en |
dspace.entity.type | Publication | |
okr.crosscuttingsolutionarea | Jobs | |
okr.date.disclosure | 2010-05-19 | |
okr.doctype | Publications & Research::Publication | |
okr.doctype | Publications & Research::Publication | |
okr.docurl | http://documents.worldbank.org/curated/en/2007/01/7299376/reforming-payments-securities-settlement-systems-latin-america-caribbean | |
okr.globalpractice | Finance and Markets | |
okr.globalpractice | Governance | |
okr.globalpractice | Trade and Competitiveness | |
okr.guid | 648151468277135006 | |
okr.identifier.doi | 10.1596/978-0-8213-6635-6 | |
okr.identifier.externaldocumentum | 000020953_20070103134641 | |
okr.identifier.internaldocumentum | 7299376 | |
okr.identifier.report | 38282 | |
okr.language.supported | en | |
okr.pdfurl | http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2007/01/03/000020953_20070103134641/Rendered/PDF/382820Settleme101OFFICIAL0USE0ONLY1.pdf | en |
okr.region.administrative | Latin America & Caribbean | |
okr.topic | Finance and Financial Sector Development::Financial Intermediation | |
okr.topic | Technology Industry | |
okr.topic | Law and Development::Settlement of Investment Disputes | |
okr.topic | Banks and Banking Reform | |
okr.topic | Payment Systems and Infrastructure | |
okr.topic | Industry | |
okr.unit | Office of the Publisher (EXTOP) | |
okr.volume | 1 of 1 |
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