Central Banking

Survey of foreign exchange settlement risk

The Committee on Payment and Settlement Systems said on Wednesday 1 February that it will carry out a survey of how banks and other selected institutions manage the risks they can incur when settling foreign exchange transactions.

The survey will take place during the second quarter of this year. More than 100 institutions active in the foreign exchange market will be invited to take part and the CPSS strongly encourages their participation.

In 1996 the G10 central banks endorsed a comprehensiv

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