Description of Kronos2 in relation to international principles

Authors Danmarks Nationalbank
Subject Kronos; Payments; Payment systems
Type Other Publications
Year 2021
Published 6 July 2021
Abstract icon 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.