Mexico Financial Sector Assessment Program Update : Technical Note on Observance with the Core Principles for Systemically Important Payment Systems (CPSIPS): An Update

Financial System Assessment Program (FSAP) update mission to Mexico from February 22 to March 8, 2006, an update of the observance of the CPSS Core Principles for Systemically Important Payment Systems (CPSIPS) was carried out. The Mexican authorit...

Full description

Bibliographic Details
Main Authors: World Bank, International Monetary Fund
Format: Report
Language:English
en_US
Published: Washington, DC : World Bank 2022
Subjects:
Online Access:http://documents.worldbank.org/curated/en/218791468281337543/Mexico-Technical-note-on-observance-with-the-Core-principles-for-systemically-important-payment-systems-CPSIPS-an-update
http://hdl.handle.net/10986/37341
id okr-10986-37341
recordtype oai_dc
spelling okr-10986-373412022-04-28T05:10:35Z Mexico Financial Sector Assessment Program Update : Technical Note on Observance with the Core Principles for Systemically Important Payment Systems (CPSIPS): An Update World Bank International Monetary Fund PAYMENT SYSTEMS REFORM INSTITUTIONAL AND MARKET STRUCTURE ASSESSMENT METHOD MEASURES TAKEN LEGAL AND REGULATORY FRAMEWORK FINALITY OF PAYMENTS COLLATERAL ARRANGEMENTS ELECTRONIC SIGNATURE PAYMENT INSTRUMENTS CREDIT AND LIQUIDITY RISKS RECOMMENDATIONS Financial System Assessment Program (FSAP) update mission to Mexico from February 22 to March 8, 2006, an update of the observance of the CPSS Core Principles for Systemically Important Payment Systems (CPSIPS) was carried out. The Mexican authorities provided the FSAP team with a note in which they explained how they have given follow up to the recommendations made during the FSAP of 2001 and the way the risks in the payment infrastructure, as indicated by the FSAP team, were eliminated. The update of 2006 focused on the assessment of the measures taken and no new assessments were carried out. The International Monetary Fund and the World Bank will be available to carry out full reassessments once self-assessments for the new payment system Sistema de Pagos Electrónicos Interbancarios, modern hybrid system operated by BOM (SPEI) and self-assessments of observance of the standards set by the Committee on Payment and Settlement Systems / International Organization of Securities Commissions (CPSS/IOSCO) for securities settlement systems and for central counter parties are prepared by the authorities. 2022-04-27T14:16:55Z 2022-04-27T14:16:55Z 2006-11 Report http://documents.worldbank.org/curated/en/218791468281337543/Mexico-Technical-note-on-observance-with-the-Core-principles-for-systemically-important-payment-systems-CPSIPS-an-update http://hdl.handle.net/10986/37341 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC : World Bank Economic & Sector Work Economic & Sector Work :: Financial Sector Assessment Program (FSAP) Latin America & Caribbean Mexico
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 PAYMENT SYSTEMS
REFORM
INSTITUTIONAL AND MARKET STRUCTURE
ASSESSMENT METHOD
MEASURES TAKEN
LEGAL AND REGULATORY FRAMEWORK
FINALITY OF PAYMENTS
COLLATERAL ARRANGEMENTS
ELECTRONIC SIGNATURE
PAYMENT INSTRUMENTS
CREDIT AND LIQUIDITY RISKS
RECOMMENDATIONS
spellingShingle PAYMENT SYSTEMS
REFORM
INSTITUTIONAL AND MARKET STRUCTURE
ASSESSMENT METHOD
MEASURES TAKEN
LEGAL AND REGULATORY FRAMEWORK
FINALITY OF PAYMENTS
COLLATERAL ARRANGEMENTS
ELECTRONIC SIGNATURE
PAYMENT INSTRUMENTS
CREDIT AND LIQUIDITY RISKS
RECOMMENDATIONS
World Bank
International Monetary Fund
Mexico Financial Sector Assessment Program Update : Technical Note on Observance with the Core Principles for Systemically Important Payment Systems (CPSIPS): An Update
geographic_facet Latin America & Caribbean
Mexico
description Financial System Assessment Program (FSAP) update mission to Mexico from February 22 to March 8, 2006, an update of the observance of the CPSS Core Principles for Systemically Important Payment Systems (CPSIPS) was carried out. The Mexican authorities provided the FSAP team with a note in which they explained how they have given follow up to the recommendations made during the FSAP of 2001 and the way the risks in the payment infrastructure, as indicated by the FSAP team, were eliminated. The update of 2006 focused on the assessment of the measures taken and no new assessments were carried out. The International Monetary Fund and the World Bank will be available to carry out full reassessments once self-assessments for the new payment system Sistema de Pagos Electrónicos Interbancarios, modern hybrid system operated by BOM (SPEI) and self-assessments of observance of the standards set by the Committee on Payment and Settlement Systems / International Organization of Securities Commissions (CPSS/IOSCO) for securities settlement systems and for central counter parties are prepared by the authorities.
format Report
author World Bank
International Monetary Fund
author_facet World Bank
International Monetary Fund
author_sort World Bank
title Mexico Financial Sector Assessment Program Update : Technical Note on Observance with the Core Principles for Systemically Important Payment Systems (CPSIPS): An Update
title_short Mexico Financial Sector Assessment Program Update : Technical Note on Observance with the Core Principles for Systemically Important Payment Systems (CPSIPS): An Update
title_full Mexico Financial Sector Assessment Program Update : Technical Note on Observance with the Core Principles for Systemically Important Payment Systems (CPSIPS): An Update
title_fullStr Mexico Financial Sector Assessment Program Update : Technical Note on Observance with the Core Principles for Systemically Important Payment Systems (CPSIPS): An Update
title_full_unstemmed Mexico Financial Sector Assessment Program Update : Technical Note on Observance with the Core Principles for Systemically Important Payment Systems (CPSIPS): An Update
title_sort mexico financial sector assessment program update : technical note on observance with the core principles for systemically important payment systems (cpsips): an update
publisher Washington, DC : World Bank
publishDate 2022
url http://documents.worldbank.org/curated/en/218791468281337543/Mexico-Technical-note-on-observance-with-the-Core-principles-for-systemically-important-payment-systems-CPSIPS-an-update
http://hdl.handle.net/10986/37341
_version_ 1764484480127467520