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Payment, clearing and settlement systems in the …

Payment, clearing and settlement systems in the United States CPSS Red Book 2012 471. United States Contents List of abbreviations .. 475. Introduction .. 477. 1. Legal and regulatory aspects .. 477. The general legal framework .. 477. The role of the Federal Reserve .. 480. Supervision of payment, settlement and clearing activities and 480. Provision of payment and settlement services .. 481. The role of other private and public sector bodies .. 482. Financial intermediaries .. 482. Other institutions that provide payment services .. 483. consumer Financial Protection Bureau ( cfpb ) .. 484. 2. Payment media used by non-financial entities .. 484. Cash 484. Non-cash payments .. 484. Non-cash payment instruments .. 484. Interchange fee regulation .. 486. 3. Payment systems (funds transfer systems ).. 486. General overview .. 486. Large-value payment systems .. 487. Fedwire Funds Service .. 487. clearing House Interbank payments system (CHIPS).

United States CPSS – Red Book – 2012 475 List of abbreviations CFPB Consumer Financial Protection Bureau CFTC US Commodity Futures Trading Commission

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