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| Central Bank Cooperation |
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| The Federal Reserve participates in the Committee on Payment
and Settlement Systems (CPSS), 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. |
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| Features |
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