Chile Financial Sector Assessment Program : Detailed Assessment Report of DCV, Deposito Central de Valores S.A.

The Central Bank of Chile (Banco Central de Chile, BCCh) and Chile’s Ministry of Finance, requested the World Bank to undertake a stand-alone Review of Standards and Codes (ROSC) module of the Principles for Financial Market Infrastructures (PFMI)...

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Main Author:	World Bank Group
Format:	Report
Language:	English en_US
Published:	World Bank, Washington, DC 2016
Subjects:	clearing and settlement financial oversight financial regulation risks
Online Access:	http://documents.worldbank.org/curated/en/329381480930564875/Chile-Financial-sector-assessment-program-assessment-of-observance-of-the-CPSS-IOSCO-principles-for-financial-market-infrastructures http://hdl.handle.net/10986/25719

id	okr-10986-25719
recordtype	oai_dc
spelling	okr-10986-257192021-05-25T08:56:00Z Chile Financial Sector Assessment Program : Detailed Assessment Report of DCV, Deposito Central de Valores S.A. World Bank Group clearing and settlement financial oversight financial regulation risks The Central Bank of Chile (Banco Central de Chile, BCCh) and Chile’s Ministry of Finance, requested the World Bank to undertake a stand-alone Review of Standards and Codes (ROSC) module of the Principles for Financial Market Infrastructures (PFMI) of the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commission (IOSCO). A total of five financial market infrastructures (FMIs) were assessed as part of this ROSC, although one of these operates both as a central counterparty (CCP) and as a securities settlement system (SSS) for different segments of the exchange-traded securities market, and as a result a total of six FMI assessments were produced by the team. In addition, the Responsibilities of Authorities for FMIs were assessed. Other sources of information included the applicable laws and regulations, as well as each FMI’s main policies and internal documents (e.g. detailed policies, and processes and procedures for certain key areas) which were shared by the FMIs with the assessors, and other information available at each FMI’s website (e.g. statistics). The World Bank Group (WBG) and local teams also met with a number of users of these FMIs, including two large commercial banks and two brokers-dealers that are not part of local bank-lead conglomerates. This assessment report covers the Responsibilities of central banks, market regulators, and other relevant authorities for the above-mentioned financial market infrastructures. In addition, it has the detailed assessment report of Depósito Central de Valores S.A. (DCV). 2016-12-12T23:12:18Z 2016-12-12T23:12:18Z 2016-05 Report http://documents.worldbank.org/curated/en/329381480930564875/Chile-Financial-sector-assessment-program-assessment-of-observance-of-the-CPSS-IOSCO-principles-for-financial-market-infrastructures http://hdl.handle.net/10986/25719 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Financial Sector Assessment Program Latin America & Caribbean Chile
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	clearing and settlement financial oversight financial regulation risks
spellingShingle	clearing and settlement financial oversight financial regulation risks World Bank Group Chile Financial Sector Assessment Program : Detailed Assessment Report of DCV, Deposito Central de Valores S.A.
geographic_facet	Latin America & Caribbean Chile
description	The Central Bank of Chile (Banco Central de Chile, BCCh) and Chile’s Ministry of Finance, requested the World Bank to undertake a stand-alone Review of Standards and Codes (ROSC) module of the Principles for Financial Market Infrastructures (PFMI) of the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commission (IOSCO). A total of five financial market infrastructures (FMIs) were assessed as part of this ROSC, although one of these operates both as a central counterparty (CCP) and as a securities settlement system (SSS) for different segments of the exchange-traded securities market, and as a result a total of six FMI assessments were produced by the team. In addition, the Responsibilities of Authorities for FMIs were assessed. Other sources of information included the applicable laws and regulations, as well as each FMI’s main policies and internal documents (e.g. detailed policies, and processes and procedures for certain key areas) which were shared by the FMIs with the assessors, and other information available at each FMI’s website (e.g. statistics). The World Bank Group (WBG) and local teams also met with a number of users of these FMIs, including two large commercial banks and two brokers-dealers that are not part of local bank-lead conglomerates. This assessment report covers the Responsibilities of central banks, market regulators, and other relevant authorities for the above-mentioned financial market infrastructures. In addition, it has the detailed assessment report of Depósito Central de Valores S.A. (DCV).
format	Report
author	World Bank Group
author_facet	World Bank Group
author_sort	World Bank Group
title	Chile Financial Sector Assessment Program : Detailed Assessment Report of DCV, Deposito Central de Valores S.A.
title_short	Chile Financial Sector Assessment Program : Detailed Assessment Report of DCV, Deposito Central de Valores S.A.
title_full	Chile Financial Sector Assessment Program : Detailed Assessment Report of DCV, Deposito Central de Valores S.A.
title_fullStr	Chile Financial Sector Assessment Program : Detailed Assessment Report of DCV, Deposito Central de Valores S.A.
title_full_unstemmed	Chile Financial Sector Assessment Program : Detailed Assessment Report of DCV, Deposito Central de Valores S.A.
title_sort	chile financial sector assessment program : detailed assessment report of dcv, deposito central de valores s.a.
publisher	World Bank, Washington, DC
publishDate	2016
url	http://documents.worldbank.org/curated/en/329381480930564875/Chile-Financial-sector-assessment-program-assessment-of-observance-of-the-CPSS-IOSCO-principles-for-financial-market-infrastructures http://hdl.handle.net/10986/25719
_version_	1764459979264229376

Chile Financial Sector Assessment Program : Detailed Assessment Report of DCV, Deposito Central de Valores S.A.

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