The
Federal Reserve participates in the Committee on Payments and Market
Infrastructures (CPMI), which serves as a forum for central banks to
monitor and analyze payment, settlement and clearing systems. Under the
auspices of the Bank for International Settlements (an international
organization which fosters cooperation among central banks and other
agencies in pursuit of monetary and financial stability), the Committee
has published numerous reports on payment systems issues.
Committee on Payments and Market Infrastructures (CPMI)
July 10, 2014