Thailand : Financial Sector Assessment Program: Detailed Assessment of Observance of CPSS Core Principles for Systemically Important Payment Systems

1THAEA2009003 Image
Price:  $18.00

Release Date: © May, 2009
ISBN : 978-1-45183-688-2
Stock #: 1THAEA2009003
English
Stock Status: On back-order

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Description

This paper focuses on a detailed assessment of observance of the Committee on Payment and Settlement Systems (CPSS) core principles for systemically important payment systems in Thailand. This assessment covers the Bank of Thailand Automated High-Value Transfer Network (BAHTNET), which is a real-time gross settlement (RTGS) system. The assessment reveals that there is no explicit legislation for payment systems in Thailand. However, the legal basis for BAHTNET and payment transfers executed in this system is defined by a set of laws, regulations, and contractual arrangements.

Taxonomy

Bank regulations , Banks and banking , Financial institutions and markets , Financial system stability assessment , International financial system




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