Central Banking

The role of payment systems in systemic stability

In May this year there was a high-level payment system workshop held by theBIS' Committee for Payment and Settlement Systems in Mexico. It was onlythe second meeting of the CPSS outside Basel, following the May 1999meeting in Hong Kong. The workshop brought 29 institutions together: aswell as members of the CPSS, there were senior representatives from Aruba,the Bahamas, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Guatemala,Mexico, Nicaragua, Peru, El Salvador, Trinidad and Tobago

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