Bosnia and Herzegovina : financial sector assessment program - detailed assessment of observance of the CPMI-IOSCO principles for financial market infrastructures /

Bosnia and Herzegovina : financial sector assessment program - detailed assessment of observance of the CPMI-IOSCO principles for financial market infrastructures /

Saved in:

Bibliographic Details
Corporate author / creator:	International Monetary Fund.
Imprint:	Washington, District of Columbia : International Monetary Fund, 2015.
Description:	1 online resource (76 pages) : illustrations (some color), tables.
Language:	English
Series:	IMF Country Report, 1934-7685 ; Number 15/217 IMF country report ; no. 15/217.
Subject:	Payment -- Bosnia and Herzegovina. Clearinghouses (Banking) -- Bosnia and Herzegovina. Capital market -- Bosnia and Herzegovina. Clearing of securities -- Bosnia and Herzegovina. Capital market. Clearing of securities. Clearinghouses (Banking) Payment. Bosnia and Herzegovina.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12507190

Hidden Bibliographic Details
ISBN:	9781513549002 1513549006 9781513577142 151357714X
ISSN:	1934-7685
Notes:	Online resource; title from PDF cover (ebrary, viewed June 15, 2016).
Summary:	This paper discusses key findings and recommendations of the Detailed Assessment of Observance of the CPMI-IOSCO (Committee on Payments and Market Infrastructures-International Organization of Securities Commissions) Principles for Financial Market Infrastructures in Bosnia and Herzegovina. Major achievements have been made in modernizing the payment system. Resiliency of the interbank payment system was demonstrated against the severe floods of May 2014. The currency board arrangement has helped protect the payment system from credit risks. The formal assessment of the real-time gross settlement system suggests that many of the standards are observed. The legal basis is relatively sound, but finality and netting arrangements require greater legal certainty and protection at the law level.
Other form:	Print version: International Monetary Fund. Bosnia and Herzegovina : financial sector assessment program - detailed assessment of observance of the CPMI-IOSCO principles for financial market infrastructures. Washington, District of Columbia : International Monetary Fund, ©2015 1 volume (various paging) IMF country report ; Number 15/217 9781513549002
Standard no.:	10.5089/9781513549002.002

Description
Summary:	This paper discusses key findings and recommendations of the Detailed Assessment of Observance of the CPMI-IOSCO (Committee on Payments and Market Infrastructures-International Organization of Securities Commissions) Principles for Financial Market Infrastructures in Bosnia and Herzegovina. Major achievements have been made in modernizing the payment system. Resiliency of the interbank payment system was demonstrated against the severe floods of May 2014. The currency board arrangement has helped protect the payment system from credit risks. The formal assessment of the real-time gross settlement system suggests that many of the standards are observed. The legal basis is relatively sound, but finality and netting arrangements require greater legal certainty and protection at the law level.
Physical Description:	1 online resource (76 pages) : illustrations (some color), tables.
ISBN:	9781513549002 1513549006 9781513577142 151357714X
ISSN:	1934-7685 1934-7685 ;