The BCP assessment team comprised Nick Le Pan, formerly of OSFI Canada, Antonio Pancorbo, Bank of Spain, and Pierre-Yves Thoraval, Promontory Group.
Further elaborations on the U.K. general macroeconomic background can be found in the Financial Sector Stability Assessment Report.
The assessment was conducted from January 17 to 31, 2011 by Mr. Tom Karp, Insurance Supervision Advisor contracted by the IMF, and Dr. Rodolfo Wehrhahn, Technical Assistance Advisor from the IMF.
The assessment was carried out using the 2003 International Organization of Securities Commissions (IOSCO) Methodology (the Methodology) for assessing IOSCO Principles. The assessment was undertaken by Shane Tregillis of the Australian Securities and Investments Commission, acting in his personal capacity, and Jennifer Elliott, IMF.
International Financial Services London, 2009 Bond Market Report.
Investment Management Association estimate “Asset Management in the U.K. 2009-2010—The IMA Annual Survey,” July 2010 http://www.investmentfunds.org.U.K./research/ima-annual-industry-survey.
Alternative Investment Managers Association, 2009 Hedge Fund Report.
The assessor was Nikil Chande, Principal Researcher in the Department of Financial Stability at Bank of Canada, in collaboration with Christine Sampic, IMF Senior Financial Sector Expert.
The BoE 1) settles CHAPS payments through debits and credits to members’ settlement accounts held on its books, 2) operates the Enquiry Link which allows members to interact with the RTGS infrastructure, so they can monitor payments progress, manage payments in the centralized queue, and make certain funds transfers, and 3) and provides CHAPS members with collateralized intra-day liquidity to support CHAPS payments.
In March 2007, the Payments Council and Payments Administration replaced The Association for Payment Clearing Services (or APACS).
The assessor was Christine Sampic, IMF Senior Financial Sector Expert, in collaboration with Nikil Chande, Principal Researcher in the Department of Financial Stability at Bank of Canada.
Issued in November 2001 by the Committee on Payment and Settlement Systems (CPSS) and the Technical Committee of IOSCO.
Depository Trust & Clearing Corporation.
The assessment was conducted by Christine Sampic, IMF Senior Financial Sector Expert, and Nikil Chande, Principal Researcher in the Department of Financial Stability at Bank of Canada.
Australian dollar, Canadian dollar, Swiss franc, Czech koruna, Danish kroner, euro, sterling, Hong Kong dollar, Hungarian forint, Islandic krona, Japanese yen, Norwegian krone, New Zealand dollar, Polish zloty, Swedish krona, South African rand, and the US dollar.