14th SEACEN Advanced Course on Payment and Settlement Systems for Emerging Economies (Signature Program) (date to be confirmed)

Venue :India
Host Name :Reserve Bank of India
Date From :24 May 2015
Date To :28 May 2015

Descriptions


Building on knowledge gained from the SEACEN Intermediate Course on Payment and Settlement Systems for Emerging Economies, this Advanced Course focuses on policy and topical issues of interest in the payment and settlement systems (PSS) of emerging market economies. For FY 2015, the emphasis will be on observance of the principles set forth by international standard setting body to enhance PSS safety and efficiency. The Course will focus on the CPSS Systemically Important Payment Systems (SIPS) Core Principles (CP), which remain at the core of the PFMI. Emerging issues are also taken into account in the Course.

 
Target Group: Central bank middle-level managers whose principal role is the oversight of systemically important payment systems. Officials who are involved in developing payment policy and oversight may also apply. Participants are expected to be familiar with the risk profile and risk management of the RTGS.
 

Objective


The Course aims to enable participants to apply assessment methodology for observance of the CPSS Systemically Important Payment Systems (SIPS) Core Principles (CPs). Specifically, participants will be able to: 

  • (i) describe key considerations for each of the SIPS CPs and roles of central banks;
  • (ii) based on country experiences, identify best practices in complying with the SIPS CPs;
  • (iii) apply assessment methodology to assess observance of national payment systems with SIPS CPs; and,
  • (iv) compare the differences between SIPS CPs and Principles for Financial Market Infrastructure (PFMI).

     

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Resource Person


The faculty of resource persons will comprise internationally and regionally renowned experts in PSS from the international standard setting body such as the CPSS and the World Bank, as well as central banks from advanced and emerging economies.