Transcription of DELIVERY VERSUS PAYMENT IN SECURITIES …
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DELIVERY VERSUS PAYMENT IN SECURITIES …
BANK FOR INTERNATIONAL SETTLEMENTSDELIVERY VERSUS PAYMENTINSECURITIES settlement SYSTEMSR eport prepared by the Committee on PAYMENT and settlement Systemsof the central banks of the Group of Ten countriesBasleSeptember 1992 Bank for International Settlements 1992. All rights reserved. Brief excerptsmay be reproduced or translated provided the source is 92-9131-114-6 Published also in French, German and of the DELIVERY VERSUS PAYMENT study and summary ..1 Introduction ..1 Summary ..2 Additional issues relating to cross-border SECURITIES transactions .. framework: Credit and liquidity risks in SECURITIES clearance and settlement .
BANK FOR INTERNATIONAL SETTLEMENTS DELIVERY VERSUS PAYMENT IN SECURITIES SETTLEMENT SYSTEMS Report prepared by the Committee on Payment and Settlement Systems
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