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RBA Glossary definition for FSS

FSS – Financial Stability Standards

RBA Glossary definition for FSS

FSS – Fast Settlement Service (of RITS)

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System Availability Statistics - 2024

3 Aug 2023
Batch feeders. 100.000. LVSS. 100.000. FSS. 100.000. LVCS. 100.000. Notes: Availability is calculated as the amount of time that a system is not experiencing an outage, as
https://www.rba.gov.au/payments-and-infrastructure/rits/system-availability-statistics/index.html

Assessment of ASX Clearing and Settlement Facilities – October 2023

9 Oct 2023 Media Releases
The Reserve Bank of Australia today released the 2023 Assessment of the ASX Clearing and Settlement Facilities. This assesses the performance of the ASX CS Facilities against the Bank’s Financial Stability Standards (FSS).
https://www.rba.gov.au/media-releases/2023/mr-23-27.html

The New Payments Platform and Fast Settlement Service

20 Sep 2018 Bulletin – September 2018
Alexandra Rush and Riaan Louw
A significant advance in the Australian payments system occurred in February 2018 with the public launch of the New Payments Platform (NPP).
https://www.rba.gov.au/publications/bulletin/2018/sep/the-new-payments-platform-and-fast-settlement-service.html

Banking and Payment Services

20 Sep 2018 RBA Annual Report – 2018
To support the FSS, the hours of operation of the RITS Help Desk were extended to provide 24/7 technical assistance to members. ... Since its launch, the FSS has operated smoothly, with no major disruptions to operations.
https://www.rba.gov.au/publications/annual-reports/rba/2018/banking-and-payment-services.html

Box D: The New Payments Platform and Fast Settlement Service

10 Feb 2020 FSR April 2018 PDF 588KB
https://www.rba.gov.au/publications/fsr/2018/apr/pdf/box-d.pdf

Central Counterparty Margin Frameworks

7 Dec 2017 Bulletin – December 2017
Louise Carter and Duke Cole
A central counterparty's (CCP's) margin framework can affect the activity of market participants and the broader functioning of the financial system. This potential impact on financial stability is an area of focus for authorities – in Australia
https://www.rba.gov.au/publications/bulletin/2017/dec/10.html

March | 2020

19 Mar 2020 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2020/mar/

Final Incident Report – RBA Technology Outage on 12 October

28 Nov 2022 Media Releases
The Bank today released its Final Incident Report, RITS and FSS Incident - 12 October.
https://www.rba.gov.au/media-releases/2022/mr-22-40.html

Banking and Payment Services

27 Oct 2022 RBA Annual Report – October 2022
RITS also provides the Fast Settlement Service (FSS), a RTGS service to support the NPP. ... The FSS typically settles lower value payments in real-time on a 24/7 basis.
https://www.rba.gov.au/publications/annual-reports/rba/2022/banking-and-payment-services.html

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