Assessment of ASX Clearing and Settlement Facilities Abbreviations

ACCC Australian Competition and Consumer Commission
AGS Australian Government Securities
AIM Additional initial margin
AMO Approved Market Operator
APRA Australian Prudential Regulation Authority
ARC Audit and Risk Committee
ASIC Australian Securities and Investments Commission
ASX Australian Securities Exchange
ASXCC ASX Clearing Corporation
ASXSOR ASX Settlement Operating Rules
AUD Australian dollar
BAU Business-as-usual
BCBS Basel Committee on Banking Supervision
BoE Bank of England
CBPL Capital-based position limit
CCP Central counterparty
CEO Chief Executive Officer
CFR Council of Financial Regulators
CHESS Clearing House Electronic Sub-register System
CIO Chief Information Officer
CME Chicago Mercantile Exchange
COO Chief Operating Officer
CPMI Committee on Payments and Market Infrastructures
CRA Counterparty Risk Assessment
CRO Chief Risk Officer
CRP Clearing Risk Policy
CRQO Clearing Risk Quantification and Oversight
CRWG Credit Risk Working Group
CS Clearing and settlement
DA Digital Asset
DCS Derivatives Clearing System
DLT Distributed-ledger technology
DMC Default Management Committee
DMG Default Management Group
DMRF Default Management and Recovery Framework
DMRWG Default Management and Recovery Working Group
DvP Delivery-versus-payment
EMIR European Market Infrastructure Regulation
ERICA Enterprise Risk, Internal Audit & Compliance Application
ERMF Enterprise Risk Management Framework
ESMA European Securities and Markets Authority
ETO exchange-traded option
EU European Union
EUR Euro
FINMA Financial Market Supervisory Authority
FMI Financial market infrastructure
FSB Financial Stability Board
FSS Financial Stability Standard(s)
GBP British pound sterling
IBM International Business Machines Corporation
ICC Inter-commodity spread concession
IMF International Monetary Fund
IRD Interest rate derivatives
IOSCO International Organization of Securities Commissions
ITSM IT Service Management
JPY Japanese yen
KRI Key risk indicator
LST Liquidity stress testing
MoU Memorandum of understanding
MPOR Margin period of risk
NBFI Non-bank financial intermediaries
NBO Net broker obligation
NSXA National Stock Exchange of Australia
NTA Net tangible assets
NZD New Zealand dollar
OTA Offsetting transaction arrangement
OTC Over-the-counter
PFMI Principles for Financial Market Infrastructures
PIRG Participant Incident Response Group
PSB Payments System Board
PSNA Payment Systems and Netting Act 1998
RBNZ Reserve Bank of New Zealand
RITS Reserve Bank Information and Transfer System
RCC Risk Consultative Committee
RQWG Risk Quantification Working Group
SPAN Standard Portfolio Analysis of Risk
SSF Securities settlement facility
STEL Stress test exposure limit
TAS Trade Acceptance Service
TMC Tailor Made Combinations
TRR Temporary Recognition Regime
TRWG Technology Risk Working Group
UK United Kingdom
USD United States dollar