Search: PFMI
RBA Glossary definition for PFMI
PFMI – Principles for Financial Market Infrastructures
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Central Counterparty Margin Frameworks
7 Dec 2017
Bulletin
– December 2017
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
Sources of Financial Risk for Central Counterparties
15 Sep 2016
Bulletin
– September 2016
Central counterparties (CCPs) play an important role in managing the risks present in financial markets and in increasing the overall stability of the financial system. This requires CCPs to be sufficiently financially resilient so that they can
https://www.rba.gov.au/publications/bulletin/2016/sep/9.html
CCPs and Banks: Different Risks, Different Regulations
17 Dec 2015
Bulletin
– December 2015
Recent debate on the adequacy of regulatory standards for central counterparties (CCPs) has often drawn on the experience of bank regulation. This article draws out the essential differences between CCPs and banks, considering the implications of
https://www.rba.gov.au/publications/bulletin/2015/dec/8.html
Results
22 Nov 2016
RDP
2016-07
m,t. ), PFMI margin (99 per cent of one-tailed coverage) or high margin (99.9 per cent one-tailed coverage). ... At lower rates of default, less than full clearing becomes optimal when PFMI margin requirements are applied (Figure 11).
https://www.rba.gov.au/publications/rdp/2016/2016-07/results.html
See 2 more results from "RDP 2016-07"
Developments in the Financial System Architecture
20 Oct 2016
FSR
– October 2016
In related work, the CPMI and IOSCO published in August an assessment of the implementation of the financial risk management and recovery aspects of the Principles for Financial Market Infrastructures (PFMI) ... While CCPs have made good progress in
https://www.rba.gov.au/publications/fsr/2016/oct/dev-fin-sys-arch.html
Developments in the Financial System Architecture
20 Oct 2015
FSR
– October 2015
CPMI and IOSCO continue to monitor the implementation of the Principles for Financial Market Infrastructures (PFMI), the international standards for CCPs and other types of FMIs. ... Also, a peer review is assessing the extent to which authorities in
https://www.rba.gov.au/publications/fsr/2015/oct/dev-fin-sys-arch.html
Governance of Financial Market Infrastructures
10 Dec 2020
Bulletin
– December 2020
Good governance is critical to delivering effective risk management outcomes.
https://www.rba.gov.au/publications/bulletin/2020/dec/governance-of-financial-market-infrastructures.html
Developments in the Financial System Architecture
20 Apr 2016
FSR
– April 2016
As part of this, a detailed assessment of the consistency of Australia's framework with the PFMI was published in December. ... This found that the Bank and ASIC observed all the responsibilities for authorities, as set out in the PFMI, in their
https://www.rba.gov.au/publications/fsr/2016/apr/dev-fin-sys-arch.html
The Australian Financial System
20 Apr 2016
FSR
– April 2016
RITS is a systemically important payment system, and the Bank assesses RITS annually against the internationally agreed Principles for Financial Market Infrastructures (PFMI). ... In addition to the regular assessment of RITS against the PFMI, projects
https://www.rba.gov.au/publications/fsr/2016/apr/aus-fin-sys.html
The Australian Financial System
20 Oct 2015
FSR
– October 2015
PFMI). In recent years, the growing threat of cyber attacks poses an increasing risk to FMIs' operational resilience. ... Globally, FMI regulators are also working together through international standard-setting bodies to develop guidance in the area of
https://www.rba.gov.au/publications/fsr/2015/oct/aus-fin-sys.html