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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Main Authors: International Monetary Fund, World Bank Group
Format: Report
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access: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
id okr-10986-30062
recordtype oai_dc
spelling 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
repository_type 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
spellingShingle 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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