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Book Cover
Author International Monetary Fund.

Title Bosnia and Herzegovina : financial sector assessment program - detailed assessment of observance of the CPMI-IOSCO principles for financial market infrastructures / International Monetary Fund
Published Washington, District of Columbia : International Monetary Fund, 2015
Online access available from:
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Description 1 online resource (76 pages) : illustrations (some color), tables
Series IMF Country Report ; Number 15/217
IMF country report ; Number 15/217
Summary This paper discusses key findings and recommendations of the Detailed Assessment of Observance of the CPMI-IOSCO (Committee on Payments and Market Infrastructures-International Organization of Securities Commissions) Principles for Financial Market Infrastructures in Bosnia and Herzegovina. Major achievements have been made in modernizing the payment system. Resiliency of the interbank payment system was demonstrated against the severe floods of May 2014. The currency board arrangement has helped protect the payment system from credit risks. The formal assessment of the real-time gross settlement system suggests that many of the standards are observed. The legal basis is relatively sound, but finality and netting arrangements require greater legal certainty and protection at the law level
Notes Description based on online resource; title from PDF cover (ebrary, viewed June 15, 2016)
Subject Capital market -- Bosnia and Herzegovina.
Clearing of securities -- Bosnia and Herzegovina.
Clearinghouses (Banking) -- Bosnia and Herzegovina.
Payment -- Bosnia and Herzegovina.
Form Electronic book
ISBN 1513549006
9781513577142 (e-book)