Central Banking

Financial Sector Assessment Program

RESEARCH - Financial Sector Assessment Program-Experience with the Assessment of Systemically Important Payment Systems. Prepared by the Staffs of the International Monetary Fund and the World Bank, 19 April, 2002.

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Contents

List of Abbreviations

Executive Summary

Introduction

Payment Systems and Oversight Approaches

Payment Systems, Monetary Policy, and Financial Stability

The Main Elements of a Stable, Secure and Efficient Payment System

The

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