Search results with tag "Payment and settlement systems"
THE PAYMENT AND SETTLEMENT SYSTEMS ACT, 2007 …
ifsca.gov.in(i) “payment system” means a system that enables payment to be effected between a payer and a beneficiary, involving clearing, payment or settlement service or all of them, but does not include a stock exchange. Explanation.—For the purposes of this clause, “payment system” includes the systems enabling
DELIVERY VERSUS PAYMENT IN SECURITIES SETTLEMENT SYSTEMS
www.bis.org1 1. INTRODUCTION AND SUMMARY Introduction 1.1 At a meeting in December 1990, the Committee on Payment and Settlement Systems (CPSS) reviewed clearance and settlement arrangements in securities markets in the Group of Ten countries.
PAYMENT AND SETTLEMENT SYSTEMS - Bank Negara …
www.bnm.gov.myFINANCIAL STABILITY AND PAYMENT SYSTEMS REPORT 2011 91 PAYMENT AND SETTLEMENT SYSTEMS In 2011, the payment and settlement systems continued to support the …
Payment, clearing and settlement systems in Korea
www.bis.orgKorea CPSS – Red Book – 2011 213 improvement and monitor any payment and settlement systems. These include the retail payment systems (RPSs) operated by the Korea Financial Telecommunications and