Refers to a payment system which has a great impact on the financial system. These systems are a major channel by which shocks can be transmitted across domestic and international financial systems and markets. It is likely that a system is of systemic importance if at least one of the following is true: (1) it is the only payment system in a country, or the principal system in terms of the aggregate value of payments; (2) it handles mainly payments of high individual values; (3) it is used for the settlement of financial market transactions or for the settlement of other payment systems. In the case of Taiwan, the payment systems which meet the above conditions include: the Central Bank Interbank Fund Transfers and Settlements System, the Interbank Remittance System of the Financial Information Service Co., Ltd. and the Check Clearing System of the Taiwan Clearing House.[1]
Refers to a payment system which has a great impact on the financial system. These systems are a major channel by which shocks can be transmitted across domestic and international financial systems and markets. It is likely that a system is of systemic importance if at least one of the following is true: (1) it is the only payment system in a country, or the principal system in terms of the aggregate value of payments; (2) it handles mainly payments of high individual values; (3) it is used for the settlement of financial market transactions or for the settlement of other payment systems. In the case of Taiwan, the payment systems which meet the above conditions include: the Central Bank Interbank Fund Transfers and Settlements System, the Interbank Remittance System of the Financial Information Service Co., Ltd. and the Check Clearing System of the Taiwan Clearing House.[1]
英文名詞: Central Government Bond Dealers | 負責單位: 國庫局 | 中文解釋: 凡受中央銀行委託,可直接參與中央公債標售及配售之機構為中央公債交易商。自然人及其他法人須委託中央公債交易商,以交易商之名義投標。銀行、中華郵政公司、票券金融公司、證券商及保險業,符合一定資格條件者,得...
英文名詞: Central Government Bond Dealers | 負責單位: 國庫局 | 中文解釋: 凡受中央銀行委託,可直接參與中央公債標售及配售之機構為中央公債交易商。自然人及其他法人須委託中央公債交易商,以交易商之名義投標。銀行、中華郵政公司、票券金融公司、證券商及保險業,符合一定資格條件者,得...