Legal art. 5 of the Law on the NBM, one of the core functions is supervision (oversight) of the System of Payments in the country; CPSS, BIS report
|
|
|
- Vanessa Wheeler
- 5 years ago
- Views:
Transcription
1
2 Legal art. 5 of the Law on the NBM, one of the core functions is supervision (oversight) of the System of Payments in the country; CPSS, BIS report of 2005 Central bank oversight of payment and settlement systems; FSAP mission recommendations (report was published in august 2008) extend the focus of its oversight to include all payment and settlement systems November CA of the NBM approved the Oversight policy of the Payments System of the Republic of Moldova
3 Ensure safety and efficiency of payment and settlement systems which have a major impact on financial stability as well as of the systems mainly used by the customers Systemically important systems Automated Interbank Payment System and Securities Settlement Systems (one for state securities and another for corporate securities) Retail payment systems card payments systems, international transfer (remittances) systems
4 Usage of international standards: - Core Principles for SIPS (BIS, 2001) ; - Recommendations for SSS (BIS&IOSCO, 2001); - General Principles for international remittance services (BIS&WB, 2007); - Oversight framework for card payments schemes (ECB, 2008)
5 Monitoring of the performance indicators: - 99,9% availability; - functional parameters (admissible processing time 1 second for MT 103 and MT 202, etc.); - technical parameters (stable functioning of the gateways, cluster servers, Oracle database, private interbank network) Off-site supervision (real time monitoring of AIPS participants ) and on-site inspections to ensure compliance with Regulation on AIPS oversight (management of liquidity and operational risks); Periodical assessment against Core Principles (every two years)
6 2 CSD 1 for state securities operated by the NBM and 1 for corporate securities; World Bank expert has conducted (September 2010) BIS - IOSCO assessment: - selection of the appropriate DVP model for the cash leg of the transactions with corporate securities; - develop a cooperative framework for the oversight of the securities market by NBM and NCFM; - possible recommendations for improving the infrastructure of CSD s
7 Periodical assessment of the CSD s against BIS IOSCO Recommendations for SSS (sharing of information between NBM and NCFM); Setting up and monitoring of the performance indicators of the CSD; Establishing requirements regarding management of risks for CSD participants and their supervision
8 NBM conducted an assessment of international remittances market using General Principles for International Remittances; Assessment has shown that our market is competitive, banks participate in 29 systems. However, aspects like risk management, transparency and consumer protection shall be developed
9 General requirements for banks which provide or intend to provide remittances services (working out of internal procedures, notification of the NBM); Types of risks and factors which should be taken in consideration by banks assessing the level of risks; Requirements to ensure the adequate level of transparency for IRS conditions and relevant Rules
10 Provisions regarding measures that shall be taken by banks in order to comply with AML standards (FATF SR VII); Description of how NBM will supervise the activity of banks in international remittances systems
11 Quarterly assessment of the situation on the market, providing relevant analytical reports to the Management; Monitoring (weekly) of the performance of the settlement agent for both systems Visa and Mastercard; It was prohibited by Law to settle outside the country transactions carried in MDL by using payment cards Final settlement is done through the settlement (LORO) accounts opened at the NBM, settlement is guaranteed by one commercial bank
12 Off site and on site supervision according to a Regulation on banking cards; Regulation contains all relevant provisions regarding the issuing and acquiring activity, fraud prevention, consumer protection, information that shall be reported regarding the volume of cards in circulation, value of transactions, frauds, nr. of terminals, etc.
13 Non - bank service providers: - cash - in operators; - issuers of e-money Draft of the Law on payment services and e-money according to the EU Directives
REPUBLIC OF MOLDOVA TECHNICAL NOTE
Public Disclosure Authorized FINANCIAL SECTOR ASSESSMENT PROGRAM June 2014 TECHNICAL NOTE OVERSIGHT AND SUPERVISION OF FINANCIAL MARKET INFRASTRUCTURES (FMIS) AND RISK ASSESSMENT OF CENTRAL SECURITIES
Payments Systems Paper
Payments Systems Paper on Adoption of Committee on Payment and Settlement Systems (CPSS) and International Organization of Securities Commissions (IOSCO) Principles for Financial Market Infrastructures
The Eurosystem oversight policy framework
The Eurosystem oversight policy framework Klaus Löber Head of Oversight Division Frankfurt, 30 September 2009 1 Content Rationale for Oversight Organisation Scope of Oversight Large-value payments systems
Regulation on Book Entry System of Securities, approved by the DCA of the NBM, No. 250 of October 25, 2012
Published on ( http://www.bnm.org) Print Expand Hide.2.202 Regulation on Book Entry System of Securities, approved by the DCA of the NBM, No. 250 of October 25, 202 Published in the Official Monitor of
Financial Sector Assessment Program: an Update
Financial Sector Assessment Program: an Update Presented by Mario Guadamillas and Christine Sampic Global Payments Week Amsterdam, October 18-22, 2010 Outline FSAP is changing Standards & Codes (ROSCs)
Presidents Report Assets Return on Assets 1.42 % Liabilities and equity Financial Results
Presidents Report The main results of the activity of ВС EuroCreditBank S.A. (hereinafter the Bank ) for 2017, are defined by the following indicators: According to the results for 2017 the Bank s efficiency
OPINION OF THE EUROPEAN CENTRAL BANK. of 21 September 2007
EN OPINION OF THE EUROPEAN CENTRAL BANK of 21 September 2007 at the request of Banca Naţională a României on a draft regulation on oversight of payment systems, securities settlement systems and payment
Chapter 9 Financial services. Central Securities Depository and Clearing House. Republic of Serbia
Chapter 9 Financial services Central Securities Depository and Clearing House Republic of Serbia 1 Chapter 9 Financial services Overview of the Legal Structure in the EU Overview of the Legal Structure
The Central Bank of the Republic of Azerbaijan. Oversight Conception on Payment Systems
The Central Bank of the Republic of Azerbaijan Oversight Conception on Payment Systems Baku - 2005 1 Contents Page 1. Conceptual grounds for the oversight on payment systems 3 2. Economic efficiency of
Enabling agent banking: the legal, regulatory, and oversight framework *
Enabling agent banking: the legal, regulatory, and oversight framework * Agent Banking: Expanding Access to Payment and Remittance Services Achievements and Opportunities Brasilia, Brazil, 12 March 2014
REPUBLIC OF KOREA FINANCIAL SECTOR ASSESSMENT PROGRAM
FINANCIAL SECTOR ASSESSMENT PROGRAM IMF Country Report No. 14/308 October 2014 DETAILED ASSESSMENT OF COMPLIANCE ON THE CPSS-IOSCO PRINCIPLES FOR FINANCIAL MARKET INFRASTRUCTURES BOK-WIRE+ AND KRX CPP
General Framework of Payments and Securities Settlement Systems
General Framework of Payments and Securities Settlement Systems Michiel van Doeveren Macedonian Financial Sector Conference on Payments and Securities Settlement Systems Ohrid, 4 June 2012 The bull of
4 Payment services and payment systems
4 Payment services and payment systems 4.1 PAYMENT SERVICES The principal legal regulation governing payment services and payment systems in Slovakia is Act No 492/29 on payment services and amending certain
PEOPLE'S REPUBLIC OF CHINA HONG KONG SPECIAL ADMINISTRATIVE REGION
IMF Country Report No. 14/208 PEOPLE'S REPUBLIC OF CHINA HONG KONG SPECIAL ADMINISTRATIVE REGION FINANCIAL SECTOR ASSESSMENT PROGRAM July 2014 OVERSIGHT AND SUPERVISION OF FINANCIAL MARKET INFRASTRUCTURES
Subject: Harmonization of the CDCC's business operations with EU Regulation (CSDR)
MANAGEMENT BOARD Ref. No.: U-101/00-551/VR Zagreb, 1 February 2017 Subject: Harmonization of the CDCC's business operations with EU Regulation (CSDR) Dear Sirs, Hereby we would like to inform you about
Tajinder Singh Deputy Secretary General IOSCO
NEW IOSCO PRINCIPLES AND METHODOLOGY Tajinder Singh Deputy Secretary General IOSCO IOSCO- AB Brief fintroduction IOSCO is recognized as the International Standard setter for Securities Regulation 100 +
KINGDOM OF THE NETHERLANDS NETHERLANDS
IMF Country Report No. 17/92 April 2017 KINGDOM OF THE NETHERLANDS NETHERLANDS FINANCIAL SECTOR ASSESSMENT PROGRAM TECHNICAL NOTE REGULATION, SUPERVISION, AND OVERSIGHT OF FINANCIAL MARKET INFRASTRUCTURES
REPUBLIC OF INDONESIA
Public Disclosure Authorized This volume is a product of the staff of the International Bank for Reconstruction and Development / The World Bank. The World Bank does not guarantee the accuracy of the data
THE PEOPLE'S REPUBLIC OF CHINA
IMF Country Report No. 18/192 THE PEOPLE'S REPUBLIC OF CHINA FINANCIAL SECTOR ASSESSMENT PROGRAM June 2018 SYSTEMIC OVERSIGHT OF FINANCIAL MARKET INFRASTRUCTURES TECHNICAL NOTE This Technical Note on Systemic
Importance of the oversight function for financial market infrastructures: General framework and objectives
Importance of the oversight function for financial market infrastructures: General framework and objectives Workshop on payments systems oversight Kingston, Jamaica 5 December 2012 Klaus Löber CPSS Secretariat
The Central Bank of The Bahamas. CONSULTATION PAPER: Proposed Legislation for the Regulation of Payment Systems in The Bahamas
The Central Bank of The Bahamas CONSULTATION PAPER: Proposed Legislation for the Regulation of Payment Systems in The Bahamas 24 th November, 2009 I. INTRODUCTION The Central Bank of The Bahamas has embarked
Taiwan Depository & Clearing Corporation. Disclosure Report (SSS)
Taiwan Depository & Clearing Corporation Principles for Financial Market Infrastructure Disclosure Report (SSS) (For Emerging Stocks traded over the Emerging Stock Market and Bonds traded over the counter)
The CPSS-IOSCO Principles for Financial Market Infrastructures
The CPSS-IOSCO Principles for Financial Market Infrastructures Daniela Russo Director General Payments and Market Infrastructure European Central Bank Kuwait, 28 November 2012 Table of Content 1. The Principles:
Guidelines CSD participants default rules and procedures
Guidelines CSD participants default rules and procedures 08/06/2017 ESMA70-151-294 Table of Contents 1 Scope... 3 2 Definitions... 4 3 Purpose... 5 4 Compliance and reporting obligations... 6 4.1 Status
Cyber Threats to the Financial Market Infrastructures: The Authorities Perspective
Cyber Threats to the Financial Market Infrastructures: The Authorities Perspective Massimo Cirasino Practice Manager, Finance and Markets Global Practice FinSAC Regional Seminar on Cyber Preparedness May
SKD - SYSTEM KRATKODOBYCH DLUHOPISU THE SHORT-TERM BOND SYSTEM
DISCLOSURE FRAMEWORK FOR SECURITIES SETTLEMENT SYSTEMS SKD - SYSTEM KRATKODOBYCH DLUHOPISU THE SHORT-TERM BOND SYSTEM organised by the CZECH NATIONAL BANK Introduction The following document comprises
ASSESSMENT OF VP SECURITIES
ASSESSMENT OF VP SECURITIES SUMMARY The Danish system for safekeeping and settlement of securities is safe and efficient. That is the main conclusion of the assessment of VP Securities A/S, VP, performed
BANK OF GREECE SYSTEM FOR MONITORING TRANSACTIONS IN BOOK-ENTRY SECURITIES (BOGS) DISCLOSURE FRAMEWORK
BANK OF GREECE SYSTEM FOR MONITORING TRANSACTIONS IN BOOK-ENTRY SECURITIES (BOGS) DISCLOSURE FRAMEWORK Observance by BOGS of the CPMI-IOSCO Principles for Financial Market Infrastructures Athens, October
BANK OF G REECE GOVERNMENT FINANCIAL OPERATIONS AND ACCOUNTS DEPARTMENT
BANK OF G REECE GOVERNMENT FINANCIAL OPERATIONS AND ACCOUNTS DEPARTMENT DISCLOSURE FRAMEWORK FOR SECURITIES SETTLEMENT SYSTEMS Athens, 15 October 2002 21, E. Venizelos Ave., GR-102 50 Athens Telegr.: BANGRECE-Athens
COMMISSION OF THE EUROPEAN COMMUNITIES
EN EN EN COMMISSION OF THE EUROPEAN COMMUNITIES Brussels, 13 January 2011 DG Markt G2 D(201)8641 PUBLIC CONSULTATION ON CENTRAL SECURITIES DEPOSITORIES (CSDS) AND ON THE HARMONISATION OF CERTAIN ASPECTS
JAMAICA. FINANCIAL INFRASTRUCTURE TECHNICAL NOTE April 2015 FINANCIAL SECTOR ASSESSMENT PROGRAM DEVELOPMENT MODULE THE WORLD BANK GROUP
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized FINANCIAL SECTOR ASSESSMENT PROGRAM DEVELOPMENT MODULE JAMAICA FINANCIAL INFRASTRUCTURE
Current Payment System in Palestine
Current Payment System in Palestine PMA established in 1995 according to Oslo accords. There are 19 banks operating in Palestine, with 210 branches 350 money exchangers most licensed by PMA. No national
Committee on Payment and Settlement Systems
Committee on Payment and Settlement Systems Statistics on payment and settlement systems in selected countries Prepared by the Committee on Payment and Settlement Systems of the Group of Ten Countries
Framework for the assessment of Securities Settlement Systems and links to determine their eligibility for use in Eurosystem Credit Operations 1
EUROPEAN CENTRAL BANK Framework for the assessment of Securities Settlement Systems January 2014 Framework for the assessment of Securities Settlement Systems and links to determine their eligibility for
EU Benchmarks Regulation and Market Impact as of 1 January 2018
EU Benchmarks Regulation and Market Impact as of 1 January 2018 The new EU Benchmarks Regulation (BMR) was published in June 2016 and most rules will apply as of 1 January 2018. The BMR introduces new
C HAPTER B. Introduction. Capital Markets and Securities Law
77 C HAPTER B Introduction The approach to establishing an internal market in the securities sector is similar to that in other financial services areas. It consists of harmonisation of essential standards,
6 Oversight of payment and settlement systems
versight of payment and settlement systems 6 versight of payment and settlement systems 6.1 Introduction versight is a form of supervision aimed at promoting the security and efficiency of payment and
¼ããÀ ããè¾ã ¹ãÆãä ã¼ãîãä ã ããõà ãäìããä ã½ã¾ã ºããñ Ã
CIRCULAR CIR/MRD/DRMNP/26/2013 September 04, 2013 To All Clearing Corporations and Depositories. Sir / Madam, Sub: Principles of Financial Market Infrastructures (PFMIs) Background 1. To promote and sustain
ESMA consultation on the technical advice to the European Commission on possible implementing measures of the AIFMD
13 September 2011 ESMA consultation on the technical advice to the European Commission on possible implementing measures of the AIFMD Euroclear response We are pleased to be given the opportunity to offer
STRATEGY FOR IMPLEMENTING THE BASEL III STANDARDS IN THE REPUBLIC OF MOLDOVA UNDER THE LEGAL FRAMEWORK OF EUROPEAN LEGISLATION (CRD IV)
Annex to the Decision of the Executive Board of the National Bank of Moldova no. 94 of 7 April 2016, amended by the Decision of the Executive Board of the National Bank of Moldova no. 148 of 7 June 2017
Guidelines On the Process for the Calculation of the Indicators to Determine the Most Relevant Currencies in which Settlement Takes Place
Guidelines On the Process for the Calculation of the Indicators to Determine the Most Relevant Currencies in which Settlement Takes Place 5 May 2017 70-708036281-66 Table of Contents I. Executive Summary...
Regulation and Supervision of Systemically Important Financial Market Infrastructures
Regulation and Supervision of Systemically Important Financial Market Infrastructures Sylvie Mathérat Deputy General Director - Operations Banque de France PLAN I. Systemic Infrastructures II. FMI regulation
THE CENTRAL BANK OF THE RUSSIAN FEDERATION
THE CENTRAL BANK OF THE RUSSIAN FEDERATION A N N U A L 03 R E P O R T Approved by the Bank of Russia Board of Directors on 5 April 04 THE CENTRAL BANK OF THE RUSSIAN FEDERATION, 04 I.4. GOVERNMENT FINANCE
Goldman Sachs. Summary of Global Index Control Framework
1 Introduction Goldman Sachs Summary of Global Index Control Framework This Summary is being published in compliance with Principles 4 and 5 of the Principles for Financial Benchmarks published by the
Committee on Payments and Market Infrastructures (CPMI)
Committee on Payments and Market Infrastructures (CPMI) Payment System Policy and Oversight Course May 2016 PMI Policy Staff Federal Reserve Bank of New York Important Note The views expressed in this
COMMITTEE OF EUROPEAN SECURITIES REGULATORS GUIDANCE. Date: 4 th June 2010 Ref.: CESR/10-347
COMMITTEE OF EUROPEAN SECURITIES REGULATORS Date: 4 th June 2010 Ref.: CESR/10-347 GUIDANCE CESR s Guidance on Registration Process, Functioning of Colleges, Mediation Protocol, Information set out in
National Payment System Department
National Payment System Department Bank s support for the Principles for Financial Market Infrastructures published by the Committee on Payment and Settlement Systems and the Technical Committee of the
Latvian Central Depository Regulation No.3 On Financial Instruments Accounting
UNOFFICIAL TRANSLATION APPROVED BY Latvian Central Depository Council Meeting January 23, 2004 Amendments approved By LCD Management Board December, 17, 2009 Latvian Central Depository Regulation No.3
PAYMENT SYSTEMS OVERSIGHT UNIT OPERATIONAL FRAMEWORK
PAYMENT SYSTEMS OVERSIGHT UNIT OPERATIONAL FRAMEWORK PSOU/OPFK/001 Version 2.0 6 August 2014 PSOU/OPFK/001 Ver 2.0 6 August 2014 1 COPYRIGHT The Central Bank of the UAE retains copyright in this document.
Bank of England Settlement Accounts
Bank of England Settlement Accounts July 2017 Contents Foreword 3 1. Payment systems and the role of the central bank 4 Payment systems 4 Settlement in central bank money 4 Intraday liquidity 4 Use of
DETAILED FRAMEWORK TO ELABORATE USER REQUIREMENT DOCUMENT FOR CBE S CSD (Draft for discussion and under construction, January 7 th, 2010
DETAILED FRAMEWORK TO ELABORATE USER REQUIREMENT DOCUMENT FOR CBE S CSD (Draft for discussion and under construction, January 7 th, 2010 Reference Date January 7, 2010 Status Debt Market Development Program
REPUBLIC OF MOLDOVA FINANCIAL SYSTEM STABILITY ASSESSMENT. Copies of this report are available to the public from
IMF Country Report No. 16/70 February 2016 REPUBLIC OF MOLDOVA FINANCIAL SYSTEM STABILITY ASSESSMENT This Report of the Financial System Stability Assessment for the Republic of Moldova was prepared by
Brazil BM&FBOVESPA S.A.
Brazil BM&FBOVESPA S.A. Market Infrastructures in the Country CSD Date of Incorporation Shareholders Publicly Traded Supervisory Entities Markets Served BM&FBOVESPA - owns the systems and platforms to
OFFICE FOR PREVENTION AND FIGHT AGAINST MONEY LAUNDERING
1 Table of contents CHAPTER I... 3 Development of the Draft Law on prevention and combating of money laundering and terrorism financing... 3 National Strategy to Prevent and Combat Money Laundering and
(Information) EUROPEAN COMMISSION. MONETARY AGREEMENT between the European Union and the Principality of Andorra (2011/C 369/01)
17.12.2011 Official Journal of the European Union C 369/1 II (Information) INFORMATION FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES EUROPEAN COMMISSION MONETARY AGREEMENT between the
Update on international work on payments and financial markets infrastructures *
Update on international work on payments and financial markets infrastructures * Ninth Conference on Payment and Securities Settlement Systems Ohrid, 6 June 2016 Klaus Löber * Views expressed are those
The assessment of Euroclear Belgium
The Assessment of Euroclear Belgium against the CPSS-IOSCO Recommendations The assessment of Euroclear Belgium against the CPSS-IOSCO Recommendations In November 2001, the Committee on Payment and Settlement
Management of the High- Value Payment System of the Central Bank of Chile 2017
Management of the High- Value Payment System of the Central Bank of Chile 2017 Management of the High- Value Payment System of the Central Bank of Chile 2017 Contents Contents Executive Summary 5 Introduction
Publications by the Committee on Payment and Settlement Systems (CPSS)
Secretariat June 2005 Publications by the Committee on Payment and Settlement Systems (CPSS) Core principles / Standards January 2001 November 2004 Core Principles for Systemically Important Payment Systems
Assessment methodology for Recommendations for Securities Settlement Systems
Committee on Payment and Settlement Systems Technical Committee of the International Organization of Securities Commissions Assessment methodology for Recommendations for Securities Settlement Systems
Answers to the Questions on the CPSS-IOSCO Disclosure Framework for Securities Settlement Systems. Prepared by CYPRUS STOCK EXCHANGE.
Answers to the Questions on the CPSS-IOSCO Disclosure Framework for Securities Settlement Systems Prepared by CYPRUS STOCK EXCHANGE June 2009 Contact Mr. Nondas Cl. Metaxas Director General - CEO Cyprus
TARGET2-SECURITIES LEGAL FEASIBILITY
8 March 2007 TARGET2-SECURITIES LEGAL FEASIBILITY 1. Introduction On 6 July 2006 the Governing Council of the European Central Bank (ECB) decided to explore further the setting up of a new service for
Global Payments Week Africa-Asia Regional Group Meeting. September 20, 2016 Turin, Italy
Global Payments Week Africa-Asia Regional Group Meeting September 20, 2016 Turin, Italy Objectives of AA Regional Group Meeting Getting know each other and networking Sharing experiences on retail payments
EL SALVADOR TECHNICAL NOTE FINANCIAL SECTOR ASSESSMENT PROGRAM UPDATE PAYMENTS, REMITTANCES, AND SECURITIES SETTLEMENT SYSTEMS NOVEMBER 2010
Public Disclosure Authorized This volume is a product of the staff of the International Bank for Reconstruction and Development/The World Bank. The World Bank does not guarantee the accuracy of the data
Internalisation and Consolidation of the Settlement of Payments and Securities Transactions. Speech by. Giovanni Sabatini,
Internalisation and Consolidation of the Settlement of Payments and Securities Transactions Speech by Giovanni Sabatini, Chief Executive Officer, MonteTitoli Chairman, ECSDA At the Global Conference on
Disclosure framework for financial market infrastructures
Committee on Payment and Settlement Systems Technical Committee of the International Organization of Securities Commissions Disclosure framework for financial market infrastructures Consultative report
Issues in retail payment systems in emerging markets: the World Bank perspective
Issues in retail payment systems in emerging markets: the World Bank perspective Retail payments: integration and innovation A joint conference by the European Central Bank and De Nederlandsche Bank Frankfurt,
OBJECTIVES OF T2S STAKEHOLDERS
TARGET 2 SECURITIES PROJECT TEAM T2S-07-0247-rev Frankfurt, 4 September 2007 Introduction OBJECTIVES OF T2S STAKEHOLDERS This note presents an initial step in the future governance discussion of T2S. It
2017 Statistical Programme of Latvijas Banka
2017 Statistical Programme of Latvijas Banka 2 Terms and abbreviations BIS Bank for International Settlements Calendar the calendar for publishing statistical data on Latvijas Banka's website Credit institution
Hong Kong Securities Clearing Company Limited. Principles for Financial Market Infrastructures Disclosure
Hong Kong Securities Clearing Company Limited Principles for Financial Market Infrastructures Disclosure November 2015 Responding Institution: Hong Kong Securities Clearing Company Limited Jurisdiction(s)
Payment Systems Annual Report 2007
Payment Systems Annual Report 2007 Reserve Bank of Malawi April 2008 1 1.0 FOREWORD Malawi s payment system is coming from a past where cash and cheques provided the only means of executing payments. The
EUROPEAN COMMISSION Directorate General Internal Market and Services
EUROPEAN COMMISSION Directorate General Internal Market and Services FINANCIAL INSTITUTIONS 14.10.2013 PSMEG/002/13 INFORMATION PAPER PROPOSALS FOR A NEW PAYMENT SERVICES DIRECTIVE ('PSD2') AND A REGULATION
Basel Committee on Banking Supervision. Frequently asked questions on the supervisory framework for measuring and controlling large exposures
Basel Committee on Banking Supervision Frequently asked questions on the supervisory framework for measuring and controlling large exposures September 2016 This publication is available on the BIS website
Assessment of the NBB-SSS against the CPMI-IOSCO Principles for Financial Market Infrastructures
29 March 2016 Assessment of the NBB-SSS against the CPMI-IOSCO Principles for Financial Market Infrastructures The NBB-SSS is the Central Securities Depository (CSD) for dematerialised fixedincome securities
MEXICO TECHNICAL NOTE ON OBSERVANCE WITH THE CORE PRINCIPLES FOR SYSTEMICALLY IMPORTANT PAYMENT SYSTEMS (CPSIPS): AN UPDATE
This volume is a product of the staff of the International Bank for Reconstruction and Development / The World Bank. The World Bank does not guarantee the accuracy of the data included in this work. The
WESTERN HEMISPHERE PAYMENTS AND SECURITIES CLEARANCE AND SETTLEMENT INITIATIVE WORKING PAPER 1:
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized WESTERN HEMISPHERE PAYMENTS AND SECURITIES CLEARANCE AND SETTLEMENT INITIATIVE WORKING
1: yes directly; 2: yes, in collaborat.; 3: yes, with judicial aut AT BE CY CZ DK EE FI FR DE EL HU IS IE IT LV LT LU MT NL NO PL PT SK SI SE ES UK
Market Abuse Directive -2003/6/EC Ref: 07-382 Supervisory Powers draft combined table of questions June 07 1: yes directly; 2: yes, in collaborat.; 3: yes, with judicial aut AT BE CY CZ DK EE FI FR DE
FINANCIAL SECTOR ASSESSMENT PROGRAM TECHNICAL NOTE REGULATION AND OVERSIGHT OF FINANCIAL MARKET INFRASTRUCTURES
IMF Country Report No. 17/115 May 2017 NEW ZEALAND FINANCIAL SECTOR ASSESSMENT PROGRAM TECHNICAL NOTE REGULATION AND OVERSIGHT OF FINANCIAL MARKET INFRASTRUCTURES This Technical Note on Regulation and
Monetary and Foreign Exchange Policy of the National Bank of Moldova for 2004
Monetary and Foreign Exchange Policy of the National Bank of Moldova for 2004 The monetary and foreign exchange policy and the main directions of the NBM activity set with the view to fulfilling the basic
Assessment of Securities Settlement in Sweden 2008
Reg.no. 2008 173 AFS Reg.no. 08 5262 of Securities Settlement in Sweden 2008 Financial markets have several important functions. They convert savings into investments, provide means for managing risks
Republic of Serbiap Chapter 33 Financial and budgetary provisions. Traditional Own Resources
Republic of Serbiap Chapter 33 Financial and budgetary provisions Traditional Own Resources СONTENT: 1. Legislative framework 2. Institutional framework 3. Customs debt and collection of import duties
Assessment of AML/CFT in the Particular Context of Financial Inclusion
Assessment of AML/CFT in the Particular Context of Financial Inclusion AFI, SBS Peru and WB Forum, Lima Peru, May 12-13 2011 Pierre Laurent Chatain Lead Financial Sector Specialist (Financial Systems)
ECB-PUBLIC OPINION OF THE EUROPEAN CENTRAL BANK. of 31 August on critical infrastructures, cybersecurity and covered bonds (CON/2018/39)
EN ECB-PUBLIC OPINION OF THE EUROPEAN CENTRAL BANK of 31 August 2018 on critical infrastructures, cybersecurity and covered bonds (CON/2018/39) Introduction and legal basis On 18 July 2018 the European
2018 Statistical Programme of Latvijas Banka
2018 Statistical Programme of Latvijas Banka 2 Terms and abbreviations BIS Bank for International Settlements Calendar the calendar for publishing statistical data on Credit institution a credit institution
T2S auto-collateralisation
T2S auto-collateralisation Brussels, 7 June 2012 Yvan TIMMERMANS T2S BENUG Chairman What is auto-collateralisation? Intraday credit operation triggered when a buyer lacks funds for settling a securities
PAYMENT SYSTEM CONSULTATIVE DOCUMENT (PSCD#2012_0701) Stakeholder consultation on: The Draft Guidelines for Retail Payment Services
PAYMENT SYSTEM CONSULTATIVE DOCUMENT (PSCD#2012_0701) Stakeholder consultation on: The Draft Guidelines for Retail Payment Services BANK OF JAMAICA Table of Contents Making Your Submission... 3 1. Background...
THE ESCB-CESR STANDARDS FOR SECURITIES CLEARING AND SETTLEMENT IN THE EUROPEAN UNION
THE ESCB-CESR STANDARDS FOR SECURITIES CLEARING AND SETTLEMENT IN THE EUROPEAN UNION It is essential for central banks and securities regulators that the securities clearing and settlement infrastructure
THE EURO AND THE INTEGRATION OF FINANCIAL SERVICES
update 2003 integration securities payments soundness THE EURO AND THE INTEGRATION OF FINANCIAL SERVICES WHAT IS THE EURO? 2 Published by: European Central Bank Frankfurt am Main August 2003 Concept and
LAW ON FOREIGN CURRENCY TRANSACTIONS ("Official Herald of the Republic of Serbia", Nos. 62/2006, 31/2011 and 119/2012)
LAW ON FOREIGN CURRENCY TRANSACTIONS ("Official Herald of the Republic of Serbia", Nos. 62/2006, 31/2011 and 119/2012) The present Law shall govern: I GENERAL PROVISIONS Article 1 1) Payments, collections
Appendix 2 Legal Basis for Processing. The basis on which we use the information Prospective Insureds and Insured Persons.
Chubb Privacy Appendix 2 Legal Basis for Processing Activity Type of information collected The basis on which we use the information Prospective Insureds and Insured Persons Set up a record on our systems
Procedures for handling fail of securities deliver by using pending settlement
Background The Thailand Clearing House Co. Ltd. (TCH), in order to better manage fails in securities delivery, and to be in line with international standards namely Principles for financial market infrastructures
STATEMENT ON CORPORATE GOVERNANCE PRINCIPLES FOR YEAR 2016
Joint-stock company DITTON PIEVADĶĒŽU RŪPNĪCA Reg.No.40003030187 STATEMENT ON CORPORATE GOVERNANCE PRINCIPLES FOR YEAR 2016 Corporate Governance Report Annex to the Annual Report 2016 Daugavpils 2017 I
Issues covered in the presentation
Issues covered in the presentation 1. History of ASFR. 2. ASFR content and functionality. 3. ASFR structure. 4. Budget planning. 5. Budget execution and reporting. 6. Public Debt. 7. Interoperation with
Future of market infrastructure integration where next?
Marc Bayle de Jessé Director General Market Infrastructure & Payments Future of market infrastructure integration where next? AFME Post-Trade Conference London, 4 May 2016 Table of contents 1 Vision for
INTERNATIONAL COOPERATION IN OVERSIGHT OF CREDIT RATING AGENCIES
INTERNATIONAL COOPERATION IN OVERSIGHT OF CREDIT RATING AGENCIES NOTE TECHNICAL COMMITTEE OF THE INTERNATIONAL ORGANIZATION OF SECURITIES COMMISSIONS MARCH 2009 The role of credit rating agencies in the
S U M M I T COMPLIANCE FRAUD, RISK & Spliced Knot. Organiser NEW DELHI. Digital Marketing Partner VENUE: HOTEL- HOLIDAY INN M A Y 1 0,
M A Y 1 0, 2 0 1 9 VENUE: HOTEL- HOLIDAY INN Organiser NEW DELHI Digital Marketing Partner Spliced Knot WWW.ACHROMICPOINT.COM Overview: Insurance fraud is one of the most serious problems faced by insurers,
Appendix B International developments
Appendix B International developments a) IOSCO In the wake of the 2008 global financial crisis, IOSCO established a task force to work to eliminate gaps in various regulatory approaches to naked short
Recommendations for Central Counterparties
Committee on Payment and Settlement Systems Technical Committee of the International Organization of Securities Commissions Recommendations for Central Counterparties November 2004 Organización Internacional
Commission proposal on improving securities settlement in the EU and on Central Securities Depositaries Frequently Asked Questions
MEMO/12/163 Brussels, 7 March 2012 Commission proposal on improving securities settlement in the EU and on Central Securities Depositaries Frequently Asked Questions 1. What does the proposed regulation
Answers NBB-SSS on the CPSS-IOSCO questionnaire
Answers NBB-SSS on the CPSS-IOSCO questionnaire Principle 2 1. Q 2.1.1. NBB-SSS was primarily created in order to to set up an active secondary market in public debt instruments. It is also used to settle