Activities of the CPSS The CPSS is a platform of the G10 central banks for the monitoring and analysis of trends in domestic and cross-border payment and settlement systems and for coordinating their oversight function. The focus of the committee’s activities has always been on large-value payment systems.
As a result of the major transactions executed through these systems, the credit and liquidity risks associated with the payments and the settlement can potentially lead to cross-system problems which jeopardize the stability of the financial system as a whole.