This technical note reviews the United States Federal Reserve’s oversight of payment, clearing, and settlement systems. As is typical for central banks, the Federal Reserve plays multiple and important roles in payment and settlement systems. The Federal Reserve also exercises supervisory...

This paper discusses key findings of the Financial System Stability Assessment on the Basel Core Principles for Effective Banking Supervision, the Committee for Payment and Settlement Systems (CPSS) Core Principles for Systemically Important Payment Systems, and IMF Monetary and Financial Policy...