Reserve Bank of Australia Annual Report – 2022 Abbreviations

A glossary of relevant terms is available on the Reserve Bank website

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AAS Australian Accounting Standards
AASB Australian Accounting Standards Board
ABF2 Asian Bond Fund 2
ABN Australian Business Number
ACCC Australian Competition and Consumer Commission
ACT Australian Capital Territory
ADI authorised deposit-taking institution
AFXC Australian Foreign Exchange Committee
AGNSW Art Gallery of New South Wales
AGS Australian Government Securities
AIF Automated Information Facility
AM Member of the Order of Australia
ANAO Australian National Audit Office
ANU Australian National University
AO Officer of the Order of Australia
AOFM Australian Office of Financial Management
APC Australian Payments Council
APEC Asia-Pacific Economic Cooperation
API Application Programming Interface
APRA Australian Prudential Regulation Authority
ASIC Australian Securities and Investments Commission
ASX Australian Securities Exchange
ASXFS ASX Financial Settlements
ATM automated teller machine
ATO Australian Taxation Office
AusPayNet Australian Payments Network
AUSTRAC Australian Transaction Reports and Analysis Centre
BA Bachelor of Arts
BCBS Basel Committee on Banking Supervision (of the BIS)
BIS Bank for International Settlements
BPA bulk purchase annuity
BPAY A payments clearing organisation owned by a group of retail banks
BRS Business Resumption Site
CAC Act Commonwealth Authorities and Companies Act 1997 (repealed)
CBDC Central bank digital currency
CCPs central counterparties
CEDA Committee for Economic Development of Australia
CEPAR Australian Research Council Centre of Excellence in Population Ageing Research
CFR Council of Financial Regulators
CHESS Clearing House Electronic Sub-register System
CLF Committed Liquidity Facility
CME Chicago Mercantile Exchange Inc.
COVID-19 Coronavirus disease
CPMI Committee on Payments and Market Infrastructures (of the BIS)
CPRs Commonwealth Procurement Rules
CRC Cooperative Research Centre
CS clearing and settlement
CSA credit support annex
CSIRO Commonwealth Scientific and Industrial Research Organisation
EAP Employee Assistance Program
EDO Enterprise Data Office
ELA Emergency liquidity assistance
EMEAP Executives' Meeting of East Asia-Pacific Central Banks
EFS Economic and Financial Statistics
eftpos electronic funds transfer at point of sale
EAF Executive Accountability Framework
ERG Employee Resource Group
ES Exchange Settlement
ESA Exchange Settlement Account
ESD ecologically sustainable development
ESG environmental, social and governance
ESP Economic Support Payments
FINMA Swiss Financial Market Supervisory Authority
FMI financial market infrastructure
FOI Freedom of Information
FOI Act Freedom of Information Act 1982
FSAP Financial Sector Assessment Program (of the IMF)
FSB Financial Stability Board
FSS Fast Settlement Service (of RITS)
FTE full-time equivalent
FX foreign exchange
G20 Group of Twenty
G-SIB global systemically important bank
GDP gross domestic product
GFC Global Financial Crisis
GFXC Global Foreign Exchange Committee
GST Goods and Services Tax
HQLA high-quality liquid assets
IAT Incident Assessment Team
IMF International Monetary Fund
IOSCO International Organization of Securities Commissions
IPS Information Publication Scheme
ISDA International Swaps and Derivatives Association
ISO International Organization for Standardisation
IT information technology
KRW Korean won
LCR Liquidity Coverage Ratio
LED light emitting diode
LGBTI lesbian, gay, bisexual, transgender and intersex
LIBOR London Inter-Bank Offered Rate
LLB Bachelor of Laws
LVSS RITS Low Value Settlement Service
MBA Master of Business Administration
MFSC Monetary and Financial Stability Committee (of EMEAP)
MIT Massachusetts Institute of Technology
MP member of parliament
NAB National Australia Bank
NABERS National Australian Built Environment Ratings System
NAIDOC National Aborigines and Islanders Day Observance Committee
NBS National Banknote Site
NGB Next Generation Banknote
NGFS Network for Greening the Financial System
NPA Note Printing Australia Limited
NPP New Payments Platform
NPPA NPP Australia Limited
NSW New South Wales
OECD Organisation for Economic Co-operation and Development
OAM Medal of the Order of Australia
OMO open market operations
OPA Official Public Account
PEXA Property Exchange Australia Limited
PFMI Principles for Financial Market Infrastructures
PGPA Act Public Governance, Performance and Accountability Act 2013
PGPA Rule Public Governance, Performance and Accountability Rule 2014
PhD Doctor of Philosophy
Prospera Australia Indonesia Partnership for Economic Development
PSM Public Service Medal
RAP Reconciliation Action Plan
RBA Reserve Bank of Australia
RBRF Reserve Bank Reserve Fund
RDP Research Discussion Paper
repo repurchase agreement
RITS Reserve Bank Information and Transfer System
RMBS residential mortgage-backed securities
RTGS real-time gross settlement
R&D research and development
SAR Special Administrative Region (of China)
SDR Special Drawing Right
SEACEN South East Asian Central Banks
Semis semi-government securities (Australian state and territory government securities)
SME Small and medium-sized enterprises
SVF stored-value facility
TFF Term Funding Facility
TTBC Trans-Tasman Council on Banking Supervision
SWIFT Society for Worldwide Interbank Financial Telecommunication
UK United Kingdom
UNSW University of New South Wales
US United States
WA Western Australia
WHS work health and safety
WHS Act Work Health and Safety Act 2011
WPIT Welfare Payment Infrastructure Transformation Program (of Services Australia)