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A glossary of terms used in payments and settlement systems
www.bis.orgThe Committee on Payment and Settlement Systems (CPSS) is publishing this comprehensive glossary of payment system terminology as a reference document for the standard terms used in connection with payment and settlement systems. It combines various glossaries appended to earlier reports by the CPSS and the European Central Bank (ECB).
Payment, clearing and settlement systems in China
www.bis.orgsettlement institutions incurred default, technical failure, maloperation due to or force majeure, for the purpose of preventing and hedging securities market risks and maintaining the safe operation of securities registration, clearing and settlement systems.