November 1, 1999
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The Regulation of Central Securities Depositories and the Linkages between CSDs and Large-Value Payment Systems
Technical Report No. 87 Charles FreedmanThis 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.Content Type(s): Staff research, Technical reports Topic(s): Payment clearing and settlement systems JEL Code(s): G, G2, G20
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