People's Republic of China Financial Sector Assessment Program : Systemic Oversight of Financial Market Infrastructures
China's landscape for Financial Market Infrastructures (FMIs) is one of the largest and most complex in the world. It consists of a range of payment, clearing and settlement systems, including several interbank payment systems, securities sett...
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okr-10986-300622021-05-25T09:15:58Z People's Republic of China Financial Sector Assessment Program : Systemic Oversight of Financial Market Infrastructures International Monetary Fund World Bank Group FINANCIAL MARKET INFRASTRUCTURE OVERSIGHT PAYMENTS FINANCIAL RISK PROTECTION PAYMENT SYSTEM CLEARING AND SETTLEMENT SECURITIES REGULATION China's landscape for Financial Market Infrastructures (FMIs) is one of the largest and most complex in the world. It consists of a range of payment, clearing and settlement systems, including several interbank payment systems, securities settlement systems and central counterparties (CCPs). Many of the systems have high volumes by international comparison and are systemically important at a national level. Disruptions, both operational and financial, in one of these FMIs may significantly impact the functioning of the Chinese economy. The landscape is subject to changes, following international developments, such as the establishment of a cross-border interbank payment system (CIPS) and a CCP for over-the-counter derivatives. The development of new, innovative products, for example, in the area of internet payments, is changing the landscape further. 2018-07-20T15:26:02Z 2018-07-20T15:26:02Z 2017-11 Report http://documents.worldbank.org/curated/en/873761529936049065/China-Financial-Sector-Assessment-Program-technical-note-systemic-oversight-of-financial-market-infrastructures http://hdl.handle.net/10986/30062 English 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 East Asia and Pacific China |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
FINANCIAL MARKET INFRASTRUCTURE OVERSIGHT PAYMENTS FINANCIAL RISK PROTECTION PAYMENT SYSTEM CLEARING AND SETTLEMENT SECURITIES REGULATION |
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FINANCIAL MARKET INFRASTRUCTURE OVERSIGHT PAYMENTS FINANCIAL RISK PROTECTION PAYMENT SYSTEM CLEARING AND SETTLEMENT SECURITIES REGULATION International Monetary Fund World Bank Group People's Republic of China Financial Sector Assessment Program : Systemic Oversight of Financial Market Infrastructures |
geographic_facet |
East Asia and Pacific China |
description |
China's landscape for Financial
Market Infrastructures (FMIs) is one of the largest and most
complex in the world. It consists of a range of payment,
clearing and settlement systems, including several interbank
payment systems, securities settlement systems and central
counterparties (CCPs). Many of the systems have high volumes
by international comparison and are systemically important
at a national level. Disruptions, both operational and
financial, in one of these FMIs may significantly impact the
functioning of the Chinese economy. The landscape is subject
to changes, following international developments, such as
the establishment of a cross-border interbank payment system
(CIPS) and a CCP for over-the-counter derivatives. The
development of new, innovative products, for example, in the
area of internet payments, is changing the landscape further. |
format |
Report |
author |
International Monetary Fund World Bank Group |
author_facet |
International Monetary Fund World Bank Group |
author_sort |
International Monetary Fund |
title |
People's Republic of China Financial Sector Assessment Program : Systemic Oversight of Financial Market Infrastructures |
title_short |
People's Republic of China Financial Sector Assessment Program : Systemic Oversight of Financial Market Infrastructures |
title_full |
People's Republic of China Financial Sector Assessment Program : Systemic Oversight of Financial Market Infrastructures |
title_fullStr |
People's Republic of China Financial Sector Assessment Program : Systemic Oversight of Financial Market Infrastructures |
title_full_unstemmed |
People's Republic of China Financial Sector Assessment Program : Systemic Oversight of Financial Market Infrastructures |
title_sort |
people's republic of china financial sector assessment program : systemic oversight of financial market infrastructures |
publisher |
World Bank, Washington, DC |
publishDate |
2018 |
url |
http://documents.worldbank.org/curated/en/873761529936049065/China-Financial-Sector-Assessment-Program-technical-note-systemic-oversight-of-financial-market-infrastructures http://hdl.handle.net/10986/30062 |
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1764471068653780992 |