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"The Functioning of the Payment System"

Biltoft, Karsten (2000) "The Functioning of the Payment System". In: UNSPECIFIED, Maastricht, The Netherlands.

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    Abstract

    [From the Introduction]. Today, most payments consist of electronic transfer of information and book-entries. The domestic financial infrastructure in the EU is generally highly developed, with large and small value systems, central securities depositories, and modern exchanges. Until recently, the cross-border infrastructure was virtually non-existent. Central banks have traditionally played an important role in payment systems. This role has been based on both the operational and the oversight responsibilities of central banks.

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    Item Type: Conference or Workshop Item (UNSPECIFIED)
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > Single Market > capital, goods, services, workers
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Conference: European Institute of Public Administration (EIPA) > EMU Halfway through the Transition Period. Maastricht, 18-19 September 2000
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 15 May 2003
    Page Range: p. 7
    Last Modified: 15 Feb 2011 17:15
    URI: http://aei.pitt.edu/id/eprint/572

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