5.1: Policies and Regulations
Develop sound, effective policies and regulations that foster payment system integrity, efficiency, and accessibility. Support
and assist the Board in overseeing U.S. dollar payment and securities settlement systems by assessing their risks and risk
management approaches against relevant policy objectives and standards.
Other Information:
This objective will be pursued in part through the following actions: • Evaluate further changes to the payments system risk
policy related to daylight overdrafts. Board staff will continue to analyze issues associated with the intraday timing of
payments, related concerns about intraday liquidity, operational, and credit risks, and potential policy or operational changes.
Indicator(s):
|
