PAYMENTS SYSTEMS; REGIONAL INTEGRATION AND OPERATIONS

Class Description

Course Objective
The course aims at providing participants’ with an understanding of cross-border issues in payment systems, challenges and how to surmount them.

Course content

• Payments Systems: An overview
• Types of Payments Systems
• Types of Payments Systems- RTGS/CDS
• Payment systems integration: Why, issues and implications
• Payment Systems in East Africa
• East African Payment Systems(EAPS):implementation/implications
• Cross Border Clearing and Settlement Systems
• Cross Border payment Challenges
• Risk Management on Cross Border Clearing
• Principles of financial Markets Systems
• Money laundering and payment systems
• Regulatory Framework for Clearing and Settlement under cross border arrangements
• East African Monetary Union(EAMU)
• Kenyan experience- settlement of fixed income securities and equities.

Target Group
Middle and senior managers from regional central banks.

Venue
Mombasa