Anmerkungen:
In: Bank of England Quarterly Bulletin 2012 Q3
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 13, 2012 erstellt
Beschreibung:
The Bank of England operates the United Kingdom's Real-Time Gross Settlement (RTGS) infrastructure for the settlement of electronic sterling transfers. This infrastructure plays a vital role in the safe functioning of the UK financial system and in fulfilling the Bank's core purposes — maintaining monetary and financial stability. This article explains the role of the RTGS infrastructure, how it operates, and how it reduces risk in the UK financial system. It also outlines how the design of the infrastructure will develop in the coming years