Loss-sharing rule and Sterling Fnality Payment System: Difference between pages
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''Distributed ledger - payment systems - Fnality - UK.'' | |||
The | The Sterling Fnality Payment System uses Distributed Ledger Technology to transfer funds. | ||
It is primarily focussed on wholesale and high value payments, backed by central bank money. | |||
''Source: UK Payments Systems Regulator.'' | |||
:<span style="color:#4B0082">'''''Fnality and other payment systems could promote competition'''''</span> | |||
:"[In 2023/24 we will] develop our approach to regulating the Sterling Fnality Payment System... | |||
:The emergence of designated payment systems such as Sterling Fnality could present alternatives to the existing payment systems. | |||
:This may promote competition within the market." | |||
:''UK Payments Systems Regulator - Annual Plan 2023/24 - p44.'' | |||
== See also == | == See also == | ||
* [[ | *[[Central bank money]] | ||
* [[Transfer]] | *[[Competition]] | ||
*[[Distributed ledger]] | |||
*[[Fnality International]] | |||
* [[Interbank Funds Transfer System]] | |||
* [[Payment infrastructure]] | |||
* [[Payment service provider]] | |||
* [[Payment system]] | |||
* [[Payment Systems Regulator]] (PSR) | |||
* [[Sterling]] | |||
* [[Wholesale]] | |||
==Other resource== | |||
*[https://www.fnality.org/home Fnality - about us]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:Risk_reporting]] | |||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] | |||
[[Category:Technology]] | |||
Revision as of 08:45, 23 April 2023
Distributed ledger - payment systems - Fnality - UK.
The Sterling Fnality Payment System uses Distributed Ledger Technology to transfer funds.
It is primarily focussed on wholesale and high value payments, backed by central bank money.
Source: UK Payments Systems Regulator.
- Fnality and other payment systems could promote competition
- "[In 2023/24 we will] develop our approach to regulating the Sterling Fnality Payment System...
- The emergence of designated payment systems such as Sterling Fnality could present alternatives to the existing payment systems.
- This may promote competition within the market."
- UK Payments Systems Regulator - Annual Plan 2023/24 - p44.
See also
- Central bank money
- Competition
- Distributed ledger
- Fnality International
- Interbank Funds Transfer System
- Payment infrastructure
- Payment service provider
- Payment system
- Payment Systems Regulator (PSR)
- Sterling
- Wholesale
