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RBA Glossary definition for PSNA

PSNA – Payment Systems and Netting Act 1998

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Appendix B: Detailed Assessment of the Reserve Bank Information and Transfer System | 2019 Assessment of the Reserve Bank Information and…

9 Mar 2023
The irrevocability of settlement under these fallback arrangements is supported by the approval of Austraclear and HVCS as netting arrangements under Part 3 of the PSNA. ... RITS's approval under Part 2 of the PSNA does not ensure the legal certainty of
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2019/appendix-b.html

Abbreviations | 2018 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
PSNA. Payment Systems and Netting Act 1998. RITS. Reserve Bank Information and Transfer System.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2018/abbreviations.html

Abbreviations | 2020 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
Payment Delivery Service. PEXA. Property Exchange Australia Ltd. PSNA. Payment Systems and Netting Act 1998.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2020/abbreviations.html

General Background | 2009 Self-assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
In addition, under the. Payment Systems and Netting Act 1998. (PSNA) the Reserve Bank is able to ensure that settlement finality in approved RTGS systems and multilateral netting arrangements is legally
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2009/background.html

Standard 8: Settlement Finality | Appendix B1.1 ASX Clear | 2012/13 Assessment of ASX Clearing and Settlement Facilities

9 Mar 2023
For payments settled in Austraclear, settlement is final according to Austraclear's Regulations and Procedures and its approval under Part 2 of the PSNA. ... Payments within this system are also final and irrevocable; this is supported by the approval of
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2012-2013/asx-clear/standard-08.html

Standard 1: Legal Basis | Appendix B1.1 ASX Clear | 2012/13 Assessment of ASX Clearing and Settlement Facilities

9 Mar 2023
Rules. Part 5 of the PSNA provides protections for approved ‘market netting arrangements’ (i.e. ... Finality of funds transfers in RITS is again supported by the approval of RITS under Part 2 of the PSNA.
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2012-2013/asx-clear/standard-01.html

Standard 7: Settlement Finality | Appendix B2.2 Austraclear | 2012/13 Assessment of ASX Clearing and Settlement Facilities

9 Mar 2023
The finality of Austraclear's settlement process is ensured by its approval under Part 2 of the PSNA. ... Since the protection of the PSNA covers any exchange of assets, it extends to delivery-versus-delivery settlement of substitutions generated by ASX
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2012-2013/austraclear/standard-07.html

Standard 1: Legal Basis | Appendix B1.2 ASX Clear (Futures) | 2012/13 Assessment of ASX Clearing and Settlement Facilities

9 Mar 2023
Part 5 of the PSNA provides protections for approved ‘market netting arrangements’ (i.e. ... Finality of funds transfers in RITS is again supported by the approval of RITS under Part 2 of the PSNA.
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2012-2013/asx-clear-futures/standard-01.html

Assessment of the Reserve Bank Information and Transfer System - 2020

11 Jun 2020 PDF 1503KB
Assessment of the Reserve Bank. Information and Transfer System. May 2020. Contents. 1. Executive Summary 1. 2. Summary and Review of Ratings and Recommendations 2. 3. Material Developments 5. Box A: Impact of COVID-19 on the operation of RITS 7.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2020/pdf/2020-assessment-rits.pdf

Assessment of Clearing and Settlement Facilities against the Financial Stability Standards | 2014/15 Assessment of ASX Clearing and…

17 Aug 2023
2014/15 Assessment of ASX Clearing and Settlement Facilities 3. Assessment of Clearing and Settlement Facilities against the Financial Stability Standards. 3.1 Introduction to the ASX Clearing and Settlement Facilities. The ASX Group operates four
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2014-2015/assessment-of-clearing-and-settlement-facilities-against-the-financial-stability-standards.html