Managing Interbank Settlements and Clearing Processes

The efficient and safe functioning of the financial system relies on robust interbank settlement and clearing processes, which manage the enormous volume of daily transactions across various payment, securities, and derivatives markets. This course provides a comprehensive guide to the operational mechanics and associated risks of both **Gross and Net Settlement** regimes. Participants will explore the role of central banks and Central Counterparties (CCPs), analyze the intricate process of multilateral netting, and gain expertise in mitigating credit, liquidity, and systemic risks associated with the clearing and settlement cycle, focusing on compliance with global risk management standards.