IMF Staff Country Reports

United States: Publication of Financial Sector Assessment Program Documentation: Technical Note on Selected Issues on Liquidity Risk Management in Fedwire Funds and Private Sector Payment

May 14, 2010

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United States: Publication of Financial Sector Assessment Program Documentation: Technical Note on Selected Issues on Liquidity Risk Management in Fedwire Funds and Private Sector Payment, (USA: International Monetary Fund, 2010) accessed September 18, 2024

Summary

This paper discusses Selected Issues on Liquidity Risk Management in Fedwire Funds and Private Sector Payment for the United States. While an asymmetric treatment of foreign banking organizations exists regarding the calculation of the capital measure for caps and the fee deductible, policy provisions implemented in March 2009 substantially addressed this asymmetry. Steps are needed to amend Fedwire’s settlement procedures for tri-party repo transactions, Depository Trust Company, and Clearing House Interbank Payments System to discourage late-in-the-day payments.

Subject: Asset and liability management, Banking, Credit, Financial markets, Liquidity, Money, Payment systems

Keywords: Card payment scheme, CHIPS balance, CHIPS business committee, CLS Bank, CR, Credit, Daylight overdraft, Europe, ISCR, Late-in-the-day payment, Liquidity, Overdraft, Parent Clearing House, Payment systems, Payments service, Value

Publication Details

  • Pages:

    23

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2010/122

  • Stock No:

    1USAEA2010004

  • ISBN:

    9781455206629

  • ISSN:

    1934-7685