To monitor and analyse developments in domestic payment, settlement and clearing systems as well as in cross-border and multicurrency systems. The Committee also focuses on standard-setting activities.
Senior officials responsible for payment and settlement systems in central banks.
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Institutions |
| Reserve Bank of Australia |
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National Bank of Belgium |
| Central Bank of Brazil |
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Bank of Canada |
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The People's Bank of China |
| European Central Bank |
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Bank of France |
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Deutsche Bundesbank |
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Hong Kong Monetary Authority |
| Reserve Bank of India |
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Bank of Italy |
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Bank of Japan |
| Bank of Korea |
| Bank of Mexico |
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Netherlands Bank |
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Monetary Authority of Singapore |
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Sveriges Riksbank |
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Swiss National Bank |
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Central Bank of the Russian Federation
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| Saudi Arabian Monetary Agency |
| South African Reserve Bank |
| Central Bank of the Republic of Turkey |
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Bank of England |
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Board of Governors of the Federal Reserve System
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Head of Secretariat (Daniel Heller, from February 2009).
The Committee meets three times a year.
No public releases of the meeting agendas or discussions are made. Regular reports on the Committee meetings are made by the Chairman to the Governors of the Global Economy Meeting.
The Committee has developed relationships with many non-CPSS central banks in order to help strengthen payment systems globally. This involves a number of different activities including participation by some of the central banks in certain of the Committee's working groups, circulation to central banks worldwide of internal Committee papers on analytical and policy aspects of payment systems, co-organisation of seminars and workshops with regional payment system groups, and publication of reference studies on payment systems in individual countries. In 2009 membership of the CPSS was extended to cover 25 central banks.
