Description of Kronos in relation to international principles

Authors Danmarks Nationalbank
Subject KRONOS; Payments; Payment systems
Type Other Publications
Year 2016
Published 30 November 2016
Danmarks Nationalbank owns and operates the only system for real-time settlement of large, time-critical payments in Danish kroner. The central position of Kronos in the financial infrastructure entails high safety and efficiency requirements. This report provides a detailed description of Kronos' observance of the international principles for financial market infrastructures.