Reference material

Publications and presentations

Planning an Evolution: The Story of the Canadian Payments Association, 1980-2002, by James F. Dingle (on-line book)
A Primer on Canada's Large Value Transfer System, by Neville Arjani and Darcey McVanel
Bank of Canada Review articles
Financial System Review articles

"Bank of Canada Oversight Activities during 2007 under the Payment Clearing and Settlement Act" Walter Engert and Dinah Maclean, June 2008
"The Effects of a Disruption in CDSX Settlement on Activity in the LVTS: A Simulation Study" Lana Embree and Kirby Millar, June 2008
"A Model of Tiered Settlement Networks" James Chapman, Jonathan Chiu, and Miguel Molico, June 2008
"Bank of Canada Oversight Activities during 2006 under the Payment Clearing and Settlement Act" Clyde Goodlet, June 2007
"Modelling Payments Systems: A Review of the Literature" Jonathan Chiu and Alexandra Lai, June 2007
"Credit in a Tiered Payments System" Alexandra Lai, Nikil Chande, and Sean O'Connor, December 2006
"Bank of Canada Oversight Activities during 2005 under the Payment Clearing and Settlement Act" Clyde Goodlet, June 2006
"The Bank of Canada’s Role in the Oversight of Clearing and Settlement Systems" Walter Engert and Dinah Maclean, June 2006
"The Impact of Unanticipated Defaults in Canada’s Large Value Transfer System" Darcey McVanel, June 2006
"Simulation Analysis: A Tool for Examining the Balance between Safety and Efficiency in Canada\'s Large Value Transfer System" Neville Arjani, December 2005
"Policy Issues in Retail Payments" Sean O'Connor, December 2003
"CDSX: Canada\'s New Clearing and Settlement System for Securities" Darcey McVanel, June 2003
"Excess Collateral in the LVTS: How much is too much?" K. McPhail and A. Vakos, December 2003
"Managing Operational Risk in Clearing and Settlement Systems" K. McPhail, June 2003
"Business-Continuity Planning in Clearing and Settlement Systems: A Systemwide Approach" R. Allenby, June 2003
"Systemic Risk, Designation, and the ACSS," C. A. Northcott, December 2002
"The CLS Bank: Managing Risk in Foreign Exchange Settlements" P. Miller and C. A. Northcott, December 2002
"The Impact of Participant Outages on Canada\'s Large Value Transfer System" K. McPhail and D. Senger, December 2002
"Understanding Intraday Payment Flows in the Large Value Transfer System" L. Cheung, December 2002

Technical Reports
Working Papers

"Modelling Payments Systems: A Review of the Literature" Jonathan Chiu and Alexandra Lai, 2007-28
"Credit in a Tiered Payments System" Alexandra Lai, Nikil Chande, and Sean O'Connor, 2006-36
"Examining the Trade-Off between Settlement Delay and Intraday Liquidity in Canada’s LVTS: A Simulation Approach" Neville Arjani, 2006-20
"The Impact of Unanticipated Defaults in Canada\'s Large Value Transfer System" Darcey McVanel, 2005-25
"Excess Collateral in the LVTS: How much is too much?" K. McPhail and A. Vakos, Working Paper 2003-36
"Managing Operational Risk in Payment, Clearing, and Settlement Systems" K. McPhail, Working Paper 2003-2
"Estimating Settlement Risk and the Potential for Contagion in Canada\'s Automated Clearing Settlement System" C. A. Northcott, Working Paper 2002-41
"The Elements of the Global Network for Large-Value Funds Transfers" J. F. Dingle, Working Paper 2001-1
"Certainty of Settlement and Loss Allocation with a Minimum of Collateral" W. Engert, Working Paper 93-14. (Only available in print. Please contact publications@bankofcanada.ca.)
"An Introduction to Multilateral Foreign Exchange Netting" W. Engert, Working Paper 92-5. (Only available in print. Please contact publications@bankofcanada.ca.)

Discussion Papers
Presentations

"Introduction of LVTS in Canada" C. Goodlet, December 1999. Printed in Current Topics in Payment and Settlement Systems, pages 9-13. Paper presented at CPSS Asian-Pacific Workshop, Hong Kong, Bank for International Settlements
"International Branches and the Canadian Payments System - LVTS and Other Key Issues" C. Freedman, 29 March 1999, Annual International Financial Services Forum, Insight Conference
"The Canadian Payments System: Recent Developments in Structure and Regulation" C. Freedman and C. Goodlet, May 1998. In Payments Systems in the Global Economy: Risks and Opportunities, 34th Annual Conference on Bank Structure and Competition, Federal Reserve Bank of Chicago

Payments System Advisory Committee (PSAC)
Miscellaneous

Related organizations

Canadian Capital Markets Association (CCMA)
Canadian Depository for Securities (CDS)
Canadian Derivatives Clearing Corporation (CDCC)
Canadian Payments Association (CPA)
CLS Group
Interac Association (IA)
Bank for International Settlements (BIS)
Federal Reserve Bank of New York (payments systems information)
Bank of England

Glossary

A glossary of terms used in payments and settlement systems
Bank for International Settlements.
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