Working Group on Payment System Issues of Latin America and the Caribbean (WGPS-LAC)
The Working Group on Payment System Issues of Latin America and the Caribbean was created in 2001 to follow up developments related to international policies and standards aimed at improving the safety and efficiency of payments and financial market infrastructures and to develop reference guides to such developments, as well as to carry out an educational effort among national market participants. Other activities of the Group comprise the following:
Exchange and discuss ideas, experiences and knowledge about operational, legal and economic aspects of payments and financial market infrastructures.
Prepare technical reports on relevant matters agreed upon.
Promote a community spirit among WGPS-LAC and IAC members.
The WGPS-LAC is led by a Chairperson and two Vicechairs. Every two years, the Group renovates its governing structure.
The WGPS-LAC is currently chaired by:
Banco Central de la República Argentina
Bank of Jamaica
Banco Central de República Dominicana