Central Banking

Settlement system links present risks

Connections between two of Canada's main settlements systems present a threat to efficiency, research by the country's central bank finds.

The research indicates that disruption to the CDSX, which is used to settle debt and equity trades, could lead to a considerable amount of rejected payments and delays for those processed through the Large Value Transfer System.

"These findings highlight the importance of business continuity plans to prevent disruptions, contingency measures to ensure that

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