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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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Payments System Board Annual Report 2000 - Safety and Stability

9 Apr 2013 Annual Report PDF 118KB
Payments System Baord Annual Report 2000
https://www.rba.gov.au/publications/annual-reports/psb/2000/pdf/safety-stability.pdf

The Australian Payments System

1 Oct 1999 PSB Annual Report – 1999
payments netting arrangements might not be enforceable; and. banks might have to pay out on cheques deposited with them, even if the bank on which they were drawn was unable to ... Payment Systems and Netting Act 1998. and amendments to the. Cheques Act
https://www.rba.gov.au/publications/annual-reports/psb/1999/payments.html

Our Role

12 Apr 2020 RBA Annual Report – 2020
The Bank's responsibility for monetary policy is set out in section 10(2) of the Reserve Bank Act 1959, which states:. ... Payment Systems and Netting Act 1998.
https://www.rba.gov.au/publications/annual-reports/rba/2020/our-role.html

Safety and Stability

20 Sep 2005 PSB Annual Report – 2005
and the additional legal certainty provided by the Payment Systems and Netting Act 1998. ... Footnote. Core Principle V – Settlement in Multilateral Netting Systems is not applicable since RITS is not a multilateral netting system.
https://www.rba.gov.au/publications/annual-reports/psb/2005/safety-stability.html

Functions and Objectives of the Payments System Board

13 Sep 2007 PSB Annual Report – 2007
Payment Systems (Regulation) Act 1998. and the. Payment Systems and Netting Act 1998. ... The Payment Systems and Netting Act provides the Bank with the power to give legal certainty to certain settlement arrangements so as to ensure that risks of
https://www.rba.gov.au/publications/annual-reports/psb/2007/functions-payments.html

Reserve Bank of Australia Annual Report 2023

16 Oct 2023 RBA Annual Report - 2023 PDF 344KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/our-role.pdf

Banking and Payment Services

27 Oct 2022 RBA Annual Report – October 2022
Net LVSS transaction values grew strongly in 2021/22 as a result of growth in underlying transactions and some loss of netting efficiency as the composition of transactions in the different ... The materials on this webpage are subject to copyright and
https://www.rba.gov.au/publications/annual-reports/rba/2022/banking-and-payment-services.html

Payments System Board Annual Report 2002 - Safety and Stability

22 Sep 2005 PSB Annual Report 2002 PDF 157KB
https://www.rba.gov.au/publications/annual-reports/psb/2002/pdf/safety-stability.pdf

2.1 Annual Performance Statement for 2022/23

19 Oct 2023 RBA Annual Report – October 2023
Annual Performance Statement for 2022/23 | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/annual-performance-statement.html

Functions and Objectives of the Payments System Board

2 Oct 2013 PSB Annual Report – 2013
and the. Payment Systems and Netting Act 1998. are exercised in a way that, in the Board's opinion, will best contribute to controlling risk in the financial system, promoting the ... The Payment Systems and Netting Act provides the Bank with the power
https://www.rba.gov.au/publications/annual-reports/psb/2013/functions-obj-psb.html