Central Banking

BoE article on oversight of payment systems

The Bank of England's paper on the oversight of payment systems is published in its latest Financial Stability Review. This paper highlights the critical importance of payment systems for the efficient functioning of the financial system. This is the first time the Bank has published a paper describing in such depth its works in this area. The aim of the paper is to bring attention to this often overlooked area and, according to international best practice, raise transparency in the function

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