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Navigable Slide Index

1. Introduction
2. Two critical policy questions
3. Lecture structure
4. Financial structure and payment systems
5. Financial structure: liquidity transfer
6. Payment and settlement structure
7. Key points on payment and settlement structure
8. Core settlement network
9. Extended settlement network
10. Money transfer in payment settlement
11. Main points on financial structure
12. Financial crises and payment and settlement risk
13. Financial market behaviour and activity
14. Monetary liquidity
15. Net revenue motives
16. Risks from financial activities
17. Underlying causes of risks
18. Features of the recent crisis
19. Implications for financial markets
20. Impact effects on payment / settlement systems
21. Policy response to crisis
22. Policy effects on payment / settlement systems
23. Functions and activities of payment oversight
24. Oversight and financial system policy
25. Oversight activities
26. Crisis and payment system policy and oversight
27. Pre-crises oversight activities
28. Within-crisis oversight activities
29. Post-crisis oversight activities
30. Recent financial crisis: lessons learned
31. Lessons learned and policy actions
32. Infrastructure: lessons learned
33. Infrastructure: policy proposals
34. Risk measurement and control: lessons learned
35. Risk measurement and control: policy proposals
36. Collateral and liquidity: lessons learned
37. Collateral and liquidity: policy proposals
38. Effective oversight: lessons learned
39. Effective oversight: policy proposals
40. Some final words
41. Selected readings

Topics Covered

• Central role of payment and settlement systems in the financial system and the organization of payment and settlement systems and service arrangements
• Financial crises and payment and settlement risk
• Financial market behavior, activity and related risks
• Features of the recent financial crisis and impact on payment and settlement systems
• Role of payment system oversight in financial system policy and the activities of payment system oversight during and after financial crises
• Lessons learned for payment system policy and oversight
• Issues and policy proposals regarding infrastructure, risk measurement and controls, availability of settlement funds, and the oversight framework

Links

Series:

• Effective Oversight of Payment and Settlement Systems

Categories:

• Finance, Accounting & Economics

Talk Citation

Publication History

• Published on March 31, 2010