Introduction to Central Banking |
Autore | Bindseil Ulrich |
Pubbl/distr/stampa | Springer Nature, 2021 |
Descrizione fisica | 1 online resource (145 pages) |
Altri autori (Persone) | FotiaAlessio |
Collana | SpringerBriefs in Quantitative Finance |
Soggetto topico |
Macroeconomics
Economic theory & philosophy |
Soggetto non controllato |
Macroeconomics/Monetary Economics//Financial Economics
Economic Theory/Quantitative Economics/Mathematical Methods Financial Economics Macroeconomics and Monetary Economics Quantitative Economics monetary policy implementation of monetary policy financial stability central bank flow of funds International monetary frameworks open access Quantitative Finance Macroeconomics Monetary economics Economic theory & philosophy |
ISBN | 3-030-70884-5 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Record Nr. | UNINA-9910482868603321 |
Bindseil Ulrich | ||
Springer Nature, 2021 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Introduction to Payments and Financial Market Infrastructures |
Autore | Bindseil Ulrich |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Cham : , : Springer, , 2023 |
Descrizione fisica | 1 online resource (160 pages) |
Disciplina | 332.0415 |
Altri autori (Persone) | PantelopoulosGeorge |
Collana | Springer Texts in Business and Economics Series |
ISBN | 3-031-39520-4 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Intro -- Preface -- Contents -- 1: Introduction -- 1.1 Basic Principles and Definitions -- 1.2 FMIs Policy Issues -- 1.3 The Role of Central Banks for FMIs -- 1.4 Payment and Settlement as Changes to Financial Accounts -- 1.5 Financial Messages -- 1.6 The Multi-Layer Structure of the Financial Money System -- References -- 2: Risks, Regulation and Oversight of FMIs -- 2.1 Risks in Payments and FMIs -- 2.2 Mitigating Risks -- 2.3 Legal Certainty Issues -- 2.4 Regulation, Supervision and Oversight of FMIs -- 2.5 Principles for Financial Market Infrastructures -- 2.6 Implementation of the PFMIs: The Example of the EU -- References -- 3: Retail Payments -- 3.1 Payments and Means of Payments -- 3.2 A Brief History of Payments -- 3.3 Retail Payment Instruments, Schemes and Arrangements -- 3.3.1 Payment Instruments -- 3.3.2 Payment Schemes -- References -- 4: Payment Systems -- 4.1 Introduction -- 4.2 Real-Time Gross Settlement vs Deferred Net Settlement Systems -- 4.2.1 RTGS Systems -- 4.2.2 Deferred Net Settlement Systems -- 4.3 Large Value Payment Systems vs Retail Payment Systems -- 4.4 Layers in Payments and Financial Accounts Illustrations -- 4.4.1 Single Settlement Layer Payments -- 4.4.2 Double Settlement Layer Payments -- 4.4.3 Triple Settlement Layer Payments -- References -- 5: Cross-Border Payments -- 5.1 Introduction -- 5.2 A Brief History of Cross-Border Payments and Their Universal Challenges -- 5.3 Correspondent Banking -- 5.4 Correspondent Banking as a Solution for Domestic Payments? -- 5.5 Cross-Border Payment Fintechs Present in Multiple Countries -- 5.6 Global Stablecoins -- 5.7 Interlinking Domestic Payment Platforms with a Competitive FX Conversion Layer -- 5.8 How Will Cross Border Payments Progress Further? -- References -- 6: Central Counterparties -- 6.1 Introduction -- 6.2 Key Activities of CCPs.
6.3 Risk Management Framework for CCPs -- 6.4 Financial Account Illustration of Central Clearing Through CCPs -- 6.5 Performance of CCPs in Times of Market Stress -- References -- 7: FX Operations and CLS -- 7.1 Introduction -- 7.2 Herstatt Risk and the Origins of CLS -- 7.3 CLS Operational Framework -- 7.4 FX Trade: non-PvP Settlement Outside CLS -- 7.5 FX Trade: PvP Settlement Through CLS -- References -- 8: Central Securities Depositories -- 8.1 Introduction -- 8.2 Key Activities of CSDs -- 8.3 The CSD and ICSD Landscape -- 8.4 Domestic Securities Settlement -- 8.4.1 Domestic Securities Settlement in Commercial Bank Money -- 8.4.2 Non-DvP Securities Settlement in Central Bank Money -- 8.5 Cross-Border Securities Custody: Example of Sanctions Against Russia -- 8.6 TARGET2 Securities -- References -- 9: Unbacked Crypto-Assets, Stablecoins and CBDC -- 9.1 Introduction -- 9.2 Unbacked Crypto-Assets -- 9.2.1 Bitcoin -- 9.2.2 Decentralised Finance, Ethereum and Business Applications of Blockchain and DLT -- 9.2.3 The Crypto Winter of 2022 -- 9.3 Stablecoins -- 9.3.1 Some Stablecoin Initiatives -- 9.3.2 Policy Issues and Regulation of Stablecoins -- 9.4 Central Bank Digital Currency -- 9.4.1 Introduction -- 9.4.2 Reasons for Issuing Retail CBDC and Opposition -- 9.4.3 Flow of Funds of CBDC Creation and Transfers -- 9.4.4 Issuing a CBDC: The Many Design Challenges in Practice -- 9.5 Conclusion: The Future of Money and Payments -- References -- Index. |
Record Nr. | UNINA-9910755072703321 |
Bindseil Ulrich | ||
Cham : , : Springer, , 2023 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
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