Central Banking

Consultation paper on Payments System Risk Policy

The Federal Reserve has published a consultation paper to seek information from financial institutions and other interested parties on their experience in managing intraday liquidity, credit, and operational risks relating to Fedwire funds transfers and associated transactions.

The Board also seeks views on potential changes in market practices, operations, and its Payments System Risk Policy that could reduce one or more of these risks, while maintaining or improving the efficiency of the

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