Mexico: Financial Sector Assessment Program Update: Technical Note: Observance of the Core Principles for Systemically Important Payment Systems: An Update

Author: International Monetary Fund

Volume/Issue: Volume 2007 Issue 166

Publication date: May 2007

ISBN: 9781451825749

$20.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Finance , Money and Monetary Policy , ISCR , CR , payment , securities , SIDV , securities settlement system SIDV , BOM window , settlement system , payment function , card payment , payment law , payment order , payments SPEI , repo facility , payment service , Payment systems , Collateral , Securities settlement systems , Lines of credit , Liquidity

Also of interest

Peru

Grenada

Nepal

Republic of Congo : 2001 Article IV

Summary

This paper presents a technical note on Mexico’s Observance of the Core Principles for Systemically Important Payment Systems. The Bank of Mexico has issued regulation to support check truncation, the use of electronic signatures, and regulation that endorses the development and implementation of new payment instruments. In the area of retail payments, progress has been made to improve the fragmented infrastructure and enlarge the connectivity and interoperability of the different networks of commercial banks.