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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The Board's Decisions and Reserve Bank Reports
26 Sep 2006
PSB Annual Report
– 2006
Media Release 1999-13, ‘Payment Systems and Netting Act 1998: Approval of Multilateral Netting Arrangements’ (Approval of the Austraclear System and the High Value Clearing System managed by the Australian Payments ... Approval of Netting Arrangements
https://www.rba.gov.au/publications/annual-reports/psb/2006/board-decisions.html
The Role of the Board
1 Oct 1999
PSB Annual Report
– 1999
Reserve Bank Act 1959. Payment Systems (Regulation) Act 1998. Payment Systems and Netting Act 1998. ... The. Payment Systems and Netting Act 1998. provides the basis for removing these uncertainties.
https://www.rba.gov.au/publications/annual-reports/psb/1999/role-board.html
Surveillance of the Financial System
30 Jun 1998
RBA Annual Report
– 1998
The legal strength of netting arrangements in Australia has been resolved with passage of the. ... Passage of the. Payment Systems and Netting Act 1998. has underpinned the RTGS system.
https://www.rba.gov.au/publications/annual-reports/rba/1998/surveillance.html
Functions and Objectives of the Payments System Board
10 Sep 2012
PSB Annual Report
– 2012
Payment Systems (Regulation) Act 1998. and the. Payment Systems and Netting Act 1998. ... Payment Systems (Regulation) Act 1998. and the. Payment Systems and Netting Act 1998. ,
https://www.rba.gov.au/publications/annual-reports/psb/2012/functions-obj-psb.html
Our Role
21 Oct 2021
RBA Annual Report
– 2021
The Bank's responsibility for monetary policy is set out in section 10(2) of the. ... and the. Payment Systems and Netting Act 1998. Under the. Corporations Act 2001. ,
https://www.rba.gov.au/publications/annual-reports/rba/2021/our-role.html
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
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