Payments and other clearing and settlement systems

In-depth information for both general and specialized audiences.

General information

• What is a payments system?
• The Canadian Payments Association (CPA)
• How are payments processed?
• The Bank of Canada's roles

Canada's major payments systems

• The Large Value Transfer System (LVTS)
• The Automated Clearing Settlement System (ACSS)

Services provided by the Bank of Canada

• Settlement assets, liquidity, and collateral and settlement-agent services

Oversight

Bank of Canada Oversight Activities during 2010 under the Payment Clearing and Settlement Act

• The Large Value Transfer System
• CDSX
• CLS Bank
• Other developments in financial market infrastructure
• Other Oversight-Related Activities
• SWIFT
• Business-continuity planning
• Publications in 2010

Oversight and legislation

• The Payment Clearing and Settlement Act (PSCA)
• Designating at-risk systems
• Guideline Related to Bank of Canada Oversight Activities under the Payment Clearing and Settlement Act
• Responsibilities of the Minister of Finance under the Canadian Payments Act

Clearing and settlement systems

• The CDSX
• The CLS Bank
• The Canadian Derivatives Clearing Corporation

International initiatives

• The Bank's contributions to the international financial system

Reference material

• Articles, research, presentations, links.