Article summary
The Bank of England (BoE) has published its Annual Report relating to the real-time gross settlement (RTGS) system and the clearing house automated payment system (CHAPS). The report, which covers the period from March 2019 to February 2020, focuses on the BoE’s strategy for RTGS and CHAPS, how the strategy was delivered, and the main strategic focus for the year ahead, as well as noting the BoE’s response to the challenges presented by the coronavirus (COVID-19) pandemic.
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