Practical Issues Arising From The Euro
December 1996 Issue 3
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Title Pages
(15k)
Contents Page
(6k)
Chapter 1
(189k)
Introduction
Chart A: Planned timetable for the introduction of the euro
Chapter 2
(105k)
Payments Arrangements
- Wholesale Payments
Chart B: Timetable for wholesale and retail payments system development
Interlinking
TARGET
Chart C: Alternative cross-border payment flows
Box EBA Clearing
- Retail Payments
Box: Retail payments systems in the UK
Chapter 3
(25k)
Systems for Securities and Derivatives Settlement
Box: Securities Settlement Systems in the UK
Central Gilts Office
European Settlements Office
Central Moneymarkets Office
CREST
International central securities depositories
- Euroclear
- Cedel Bank
- Box: Steps to redenomination
London Clearing House
Chapter 4
(35k)
Financial Markets and Eexchanges
Money and foreign exchange markets
The equity market
Derivatives markets
A - Exchange traded
B - Over-the-counter
Other Sectors
- Insurance
- Finance and leasing
- Commodities
Report of the Working Group
on the Gilt Market After EMU
(56k)
Box: Market conventions in major international government
bond markets
Chapter 5
(10k)
Business, Retail and the Public Sector
Business preparations
Retail preparations
Public sector preparations
Chapter 6
(270k)
Overarching Issues
- The Law
Chart D: the building blocks of the Regulations on the euro
- Accounting and taxation
- Information technology
Box: Questions about IT that Chief Executives should be asking
- Rounding
Box: Rounding in practice
Chapter 7
(469k)
Work of the EMI
Monetary policy operations in Stage 3
Changes to the Bank of England's money market operations
Euro banknotes
- Designs to be used in the preparation of euro banknotes
- Chart E: Timetable for producing euro banknotes
Statistical preparations
ERM 2 and the Stability Pact
