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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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Our Role

17 Oct 2019 RBA Annual Report – 2019
Payment Systems and Netting Act 1998. ... The materials on this webpage are subject to copyright and their use is subject to the terms and conditions set out in the Copyright and Disclaimer Notice.
https://www.rba.gov.au/publications/annual-reports/rba/2019/our-role.html

The Board's Announcements and Reserve Bank Reports

25 Oct 2010 PSB Annual Report – 2010
for scheme debit interchange fees; and to give in principle approval to BPAY's application for approval of the multilateral netting arrangement administered by it under section 12 of the Payment ... Systems and Netting Act 1998), 27 November 2009.
https://www.rba.gov.au/publications/annual-reports/psb/2010/board-decisions.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

Resilience of the Australian Financial System

22 Mar 2024 FSR – March 2024
Resilience of the Australian Financial System | Financial Stability Review – March 2024
https://www.rba.gov.au/publications/fsr/2024/mar/resilience-of-the-australian-financial-system.html

Functions and Objectives of the Payments System Board

25 Oct 2010 PSB Annual Report – 2010
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/2010/functions-payments.html

Functions and Objectives of the Payments System Board

8 Sep 2011 PSB Annual Report – 2011
Payment Systems (Regulation) Act 1998. and the. Payment Systems and Netting Act 1998. ... The Payment Systems and Netting Act provides the Reserve Bank with the power to give legal certainty to certain settlement arrangements so as to ensure that risks
https://www.rba.gov.au/publications/annual-reports/psb/2011/functions-payments.html

Functions and Objectives of the Payments System Board

2 Oct 2009 PSB Annual Report – 2009
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/2009/functions-payments.html

Functions and Objectives of the Payments System Board

11 Sep 2008 PSB Annual Report – 2008
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/2008/functions-payments.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

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