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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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
Functions and Objectives of the Payments System Board
12 Sep 2014
PSB Annual Report
– 2014
the powers of the Reserve Bank set out in the Payment Systems (Regulation) Act 1998 and the Payment Systems and Netting Act 1998 are exercised in a way that, in the ... The Payment Systems and Netting Act provides the Bank with the power to give legal
https://www.rba.gov.au/publications/annual-reports/psb/2014/functions-objs-psb.html
Financial Markets and the Bank's Operations | Reserve Bank of Australia Annual Report - 1991
30 Jun 1991
Annual Report
A prominent issue recently has concerned arrangements to allow the netting of foreign exchange transactions among dealers. ... netting among a group of dealers (and even cross-border netting involving participants in other countries).
https://www.rba.gov.au/publications/annual-reports/rba/1991/fin-market.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
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
Safety and Stability
24 Mar 2003
PSB Annual Report
– 2002
of the Committee on Interbank Netting Schemes (the Lamfalussy Report), published by the Bank for International Settlements in 1990. ... Clearing may involve the netting of obligations and also the ‘novation’ of the original trade to a central
https://www.rba.gov.au/publications/annual-reports/psb/2002/safety-stability.html
Glossary of Terms and Abbreviations
25 Sep 2003
PSB Annual Report
– 2003
CHESS. Clearing House Electronic Subregister System. Clearing. the process of transmitting, reconciling and in some cases confirming payment instructions prior to settlement; it may include netting of instructions and the calculation ... The materials on
https://www.rba.gov.au/publications/annual-reports/psb/2003/glossary.html
Glossary
11 Nov 2004
PSB Annual Report
– 2004
Clearing. the process of transmitting, reconciling and in some cases confirming payment instructions prior to settlement; it may include netting of instructions and the calculation of final positions for settlement. ... The materials on this webpage are
https://www.rba.gov.au/publications/annual-reports/psb/2004/glossary.html
Glossary of Terms and Abbreviations
24 Mar 2003
PSB Annual Report
– 2002
CHESS. Clearing House Electronic Subregister System. Clearing. the process of transmitting, reconciling and in some cases confirming payment instructions prior to settlement; it may include netting of instructions and the calculation ... The materials on
https://www.rba.gov.au/publications/annual-reports/psb/2002/glossary.html
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