Banking
支付系统监管
The supervisory function by which central banks and regulators monitor, assess, and enforce safety, efficiency, and reliability in payment systems as per global regulatory standards.
Quick answer: The supervisory function by which central banks and regulators monitor, assess, and enforce safety, efficiency, and reliability in payment systems as per global regulatory standards.
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Definition
The supervisory function by which central banks and regulators monitor, assess, and enforce safety, efficiency, and reliability in payment systems as per global regulatory standards.
Operational example
Central banks conduct payment system oversight to mitigate systemic risk and ensure compliance with international standards such as CPMI-IOSCO.
Localized example
央行实施支付系统监管，以减轻系统性风险，确保符合CPMI-IOSCO等国际标准。
Definition language
English reference definition
Source
CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
Target audience
- Financial Analysts
- Bankers
- Traders
