Ridurre l

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TABLE 1 Issue identification National Payment
Council Analysis of a NPS
Issue
Sub-Issue

• Which objectives / Principles / Targets?

• What do we want?

• Which Infrastructures / Procedures / Legal
  situation?
• What organization / Role of the Central Bank/
  Stakeholders involved?

• What do we have?

• Which are the available options?
• What timing / Costs / Difficulty of
  implementation?

• What could we have?

• How do we rank options? How do we prioritize?
  Whats the social welfare utility function?

• What should we have?

• What organization / Role of the Central Bank /
  Stakeholders to be involved?
• What funding?
• How do we manage transition?

• How should we get to that?

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TABLE 2 Decision Structuring National Payment
Council Options
Decision to be made
Assessing options
Diagnostic
Systematically Important PS

• Check Core Principles CPSS (2001)

Option A
Short term / transition?
Securities Settlement Systems

• Check Recommendations CPSS (2001)

Option B
Whats best for the system .. ?

• Check Public Policy Goals CPSS (2003)

Option C
Retail Payments
Long term / Vision?
Option D
Foreign Exchange Settlement Systems

• See CPSS (1996)

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TABLE 3Prioritization in the Example Central
Banks perspective
UP
UCB1
UCB2
P
UPF
A
UC
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