Republic of Belarus; Financial Sector Assessment Program: Detailed Assessment of Observance of CPSS Core Principles for Systemically Important Payment Systems: Belarus Interbank Settlement System: BISS: RTGS Service
This Detailed Assessment of the Observance of Core Principles for Systemically Important Payment Systems (CPSS), Belarus Interbank Settlement System (BISS): RTGS Service on the Republic of Belarus reviews the core principles for systematically important payment systems. BISS offers the possibility to reserve funds in view of being used for certain specific purposes. Financial market activities in Belarusian rubel are limited, but potentially emerging. Although the Belarus Bankers Association in principle provides a forum for cooperation between banks, in payment system issues, it currently does not play an important role.
Year of publication: |
2006-05-18
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Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Banking | Financial Sector Assessment Program | payments | payment systems | credit | rtgs | payment system | clearing system | settlement system | national bank | clearing systems | collateral | reserve requirement | bank money | banking technologies | bank transfers | penalties | internal audit | bank account | repo | queuing | bank board | bank responsibility | share capital | clients | bank account agreements | pricing | shareholders | reserve ratio | banking activities | confidentiality | public key management | bank clearing system | bankers association | bank supervision | bank clearing | banking capital | interbank market | foreign exchange | bank card | banking supervision | bank accounts | bank cards | bank settlement | banking community | bank for international settlements | bankers |
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