Search: Close-out netting
RBA Glossary definition for Close-out netting
Close-out netting – An arrangement to settle all contracted but not yet due liabilities to, and claims on, an institution by a single payment, immediately upon the occurrence of one of a list of defined events such as the appointment of a liquidator to that institution.
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Foreign Exchange Settlement Practices in Australia
10 Feb 1998
Bulletin
– February 1998
But the amount at risk can also be reduced by netting, provided it is legally enforceable. ... financial markets, a prerequisite to the participation of Australian banks in multilateral netting schemes for foreign exchange.
https://www.rba.gov.au/publications/bulletin/1998/feb/2.html
Australian Banks' Activities in Derivatives Markets: Products and Risk-Management Practices
10 Sep 1994
Bulletin
– September 1994
An associated issue highlighted in banks' responses to the survey was the need for a sound legal foundation for netting arrangements between counterparties. ... Forms of credit risk enhancement, other than netting, are not widely used by Australian banks.
https://www.rba.gov.au/publications/bulletin/1994/sep/1.html
Derivatives – Bank Activities and Supervisory Responses
10 May 1995
Bulletin
– May 1995
As part of its on-going analysis of bilateral netting arrangements, there also has been extensive technical work carried out, aimed at determining how netted exposures, should they eventually be permitted ... Gray (1994), ‘Default Risk and Derivatives:
https://www.rba.gov.au/publications/bulletin/1995/may/1.html
Bulletin March Quarter 2023
8 Jun 2023
Bulletin
- March 2023
PDF
7038KB
https://www.rba.gov.au/publications/bulletin/2023/mar/pdf/bulletin-2023-03.pdf
Economic and Financial Research in the Reserve Bank in 1994
10 Feb 1995
Bulletin
– February 1995
Two papers examined prudential supervisory issues. The paper by Marianne Gizycki and Brian Gray discusses the calculation of capital charges to cover default risks in a system that allows ‘netting’, whereby ... 9409 Gizycki, M. and B. Gray,
https://www.rba.gov.au/publications/bulletin/1995/feb/2.html
1.1 Our Role
19 Oct 2023
RBA Annual Report
– October 2023
Our Role | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/our-role.html
Payments System Board Annual Report 2010 - Other Regulatory Responsibilities
25 Oct 2010
PSB Annual Report
2010
PDF
247KB
https://www.rba.gov.au/publications/annual-reports/psb/2010/pdf/reg-response.pdf
The Introduction of Same-day Settlement of Direct Entry Obligations in Australia
19 Jun 2014
Bulletin
PDF
688KB
Reserve Bank of Australia Bulletin June Quarter 2014
https://www.rba.gov.au/publications/bulletin/2014/jun/pdf/bu-0614-7.pdf
Risk in the Payments System
13 Sep 2007
PSB Annual Report
– 2007
the granting of legal certainty to RTGS payments and obligations in multilateral netting arrangements through the introduction of the Payment Systems and Netting Act in 1998 and the subsequent approval of ... RTGS systems and key multilateral netting
https://www.rba.gov.au/publications/annual-reports/psb/2007/risk-payments.html
List of tables
13 Sep 2007
PSB Annual Report
– 2007
V. A system in which multilateral netting takes place should, at a minimum, be capable of ensuring the timely completion of daily settlements in the event of an inability to settle ... The materials on this webpage are subject to copyright and their use
https://www.rba.gov.au/publications/annual-reports/psb/2007/tables.html