SIPS: Difference between revisions

Revision as of 11:49, 18 April 2020

Payment systems - systemic risk.

Systemically Important Payment System.

@@ Line 1: / Line 1: @@
-Systemically Important Payment Systems.
+''Payment systems - systemic risk.''
-A payment system which, if it fails, has the potential to trigger or transmit systemic disruptions.
+Systemically Important Payment System.
-This includes, among other things, systems that are the sole payment system in a jurisdiction or the principal system in terms of the aggregate value of payments, and systems that mainly handle time critical, high value payments or settle payments used to effect settlement in other Financial Market Infrastructures.
 ==See also==
-*[[Financial Market Infrastructure]]
+*[[Payment systems]]
-*[[LVPS]]
-* [[Real-time gross settlement system]]
 *[[Systemic risk]]
-*[[Systemically Important Financial Institution]]
+*[[Systemically Important Payment System]]