Riesgo operacional, pagos, sistemas de pago y aplicación de Basilea II en América Latina: evolución más reciente

Given the importance of financial intermediation and financial infrastructures such as payment systems for the economy, countries have established entities to supervise or oversee the well functioning of instutions, systems and networks. This paper is based on a presentaion made at XI Latinamericasn SWIFT user conference, ELUS, “Creciendo en Competitividad”, Santiago de Chile, 3-5 July 2006. It describes work of the BIS based standard setting committes such as the Basel Committee on Banking Supervision (BCBS), and the Committe on Payment and Settlement Systems (CPSS), recent developments in the region, and (operational) risk-mitigation initiatives, in particular by the BCBS