Global Economy Meeting and Third party provider: Difference between pages

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imported>Doug Williamson
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The Global Economy Meeting (GEM) is the principal discussion forum of central bank Governors during the regular [[Bank for International Settlements]] (BIS) bimonthly meetings.
''Payment services - PSD2''.


The two main roles of the Meeting are to:
(TPP).


monitor and assess developments in the world economy and the global financial system.
Under PSD2, third party providers of payment services include:


provide guidance to and receive reports from the Basel-based central bank committees: the [[Committee on the Global Financial System]] (CGFS), [[Committee on Payments and Market Infrastructures]] (CPMI) (formerly called the Committee on Payment and Settlement Systems (CPSS)) and the [[Markets Committee]].  
*Account Information Service Providers (AISPs) and
*Payment Initiation Service Providers (PISPs).


The GEM comprises the Governors of 30 BIS member central banks in major advanced and emerging market economies that account for about four fifths of global GDP and meetings are observed by Governors from several other central banks.
 
Both AISPs and PISPs are regulated under PSD2.




==See also==
==See also==
* [[Central bank]]
*[[Free trade agreement]]
* [[EM]]
*[[Free trade area]]
* [[Gross domestic product]]
*[[International trade]]
*[[North American Free Trade Agreement]]
*[[Payment Services Directive]]
*[[PSD2]]
*[[Third party provider]]
*[[Trans-Pacific Partnership]]

Revision as of 10:49, 4 June 2018

Payment services - PSD2.

(TPP).

Under PSD2, third party providers of payment services include:

  • Account Information Service Providers (AISPs) and
  • Payment Initiation Service Providers (PISPs).


Both AISPs and PISPs are regulated under PSD2.


See also