Charles Freedman - Latest
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The Regulation of Central Securities Depositories and the Linkages between CSDs and Large-Value Payment Systems
This paper first describes the Bank of Canada's approach to the design of large-value clearing and settlement systems. It then examines the way the Bank has operated under the Payment Clearing and Settlement Act, passed by Parliament in July 1996. -
The Financial Services Sector: Past Changes and Future Prospects
The financial services industry has been undergoing significant change in recent years. This paper analyzes some key developments affecting the industry and examines some important issues facing the industry and its regulators. -
The Canadian Banking System
This paper examines the major changes in the Canadian banking system since the Second World War, with special attention paid to the differences between Canadian and U.S. developments over this period.