United States : Publication of Financial Sector Assessment Program Documentation; Technical Note on Selected Issues on Liquidity Risk Management in Fedwire Funds and Private Sector Payment.

This paper discusses Selected Issues on Liquidity Risk Management in Fedwire Funds and Private Sector Payment for the United States. While an asymmetric treatment of foreign banking organizations exists regarding the calculation of the capital measure for caps and the fee deductible, policy provisio...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Staff Country Reports; Country Report ; No. 2010/122
Subjects:
Online Access:Full text available on IMF
Description
Summary:This paper discusses Selected Issues on Liquidity Risk Management in Fedwire Funds and Private Sector Payment for the United States. While an asymmetric treatment of foreign banking organizations exists regarding the calculation of the capital measure for caps and the fee deductible, policy provisions implemented in March 2009 substantially addressed this asymmetry. Steps are needed to amend Fedwire's settlement procedures for tri-party repo transactions, Depository Trust Company, and Clearing House Interbank Payments System to discourage late-in-the-day payments.
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Physical Description:1 online resource (23 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students