Search: Surplus Exchange Settlement Account balances
RBA Glossary definition for Exchange Settlement Account balances
Exchange Settlement Account balances – The sum of balances held in Exchange Settlement Accounts with the Reserve Bank.
RBA Glossary definition for Surplus Exchange Settlement Account balances
Surplus Exchange Settlement Account balances – Exchange Settlement Account balances, excluding balances that account holders keep to meet their after-hours payments in the direct entry system or the New Payments Platform.
RBA Glossary definition for settlement
settlement – The discharge of obligations arising from fund transfers between two or more parties.
RBA Glossary definition for Exchange Settlement Account
Exchange Settlement Account – An account held at the Reserve Bank of Australia by financial institutions to settle financial obligations arising from the clearing of payments.
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Resilience of the Australian Financial System
6 Oct 2023
FSR
– October 2023
Resilience of the Australian Financial System | Financial Stability Review – October 2023
https://www.rba.gov.au/publications/fsr/2023/oct/australian-financial-system.html
The Australian Financial System
7 Oct 2022
FSR
– October 2022
Some banks have increased their provision overlays to account for the possibility of a larger number of bad debts, leaving provision balances higher than they would be otherwise but still much ... This has reflected banks precautionary behaviour early in
https://www.rba.gov.au/publications/fsr/2022/oct/australian-financial-system.html
The Australian Financial System
8 Oct 2021
FSR
– October 2021
Banks have maintained a prudent approach to provisioning to account for additional uncertainty in the current environment, and aggregate provision balances as a share of loans are around 25 per cent ... This has been facilitated by growth in deposits
https://www.rba.gov.au/publications/fsr/2021/oct/australian-financial-system.html
The Australian Financial System
8 Apr 2022
FSR
– April 2022
It also reflected policy measures implemented by the Reserve Bank that increased Exchange Settlement (ES) balances at the Bank. ... assurance program for the replacement of its CHESS clearing and settlement system is fit for purpose.
https://www.rba.gov.au/publications/fsr/2022/apr/australian-financial-system.html
The Australian Financial System
9 Oct 2020
FSR
– October 2020
However, the record volumes of equity trades in March did result in processing delays in ASX's CHESS clearing and settlement system. ... RBA (2020), ‘Assessment of the ASX Clearing and Settlement Facilities’, Assessment Report, October.
https://www.rba.gov.au/publications/fsr/2020/oct/australian-financial-system.html
Regulatory Developments
9 Oct 2020
FSR
– October 2020
Domestically, the agencies on the Council of Financial Regulators (CFR) met frequently to exchange information, assess developments and coordinate policy actions. ... There has been significant work at the global level to assess cross-border
https://www.rba.gov.au/publications/fsr/2020/oct/regulatory-developments.html
Box C: Building Resilience to Cyber Risks
8 Apr 2022
FSR
– April 2022
loss of data integrity of account balances at a key institution). ... Government Accountability Office (2022), ‘Federal Response to SolarWinds and Microsoft Exchange Incidents’, January.
https://www.rba.gov.au/publications/fsr/2022/apr/box-c-building-resilience-to-cyber-risks.html
Payments System Issues | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
extinguishment (settlement) across Exchange Settlement Accounts (ESAs) at the RBA. ... In the process, they incur liabilities one to the other. By settling these clearing system obligations using settlement accounts with the central bank, creditor banks
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/payments-system-issues.html
Submission on Data Sharing and Release Legislation – August 2018 | Data Sharing | Submissions
1 Aug 2018
Submissions
Corporations Act 2001. dealing with licensing and regulation of clearing and settlement facilities; or. ... The existence of section 79A is also key to the Bank's ability to exchange information with central banks and regulatory authorities in other
https://www.rba.gov.au/publications/submissions/other/data-sharing-and-release-legislation/
Innovation and Technological Change in Financial Intermediation and the Payments System | Supplementary Submission to the Financial System…
13 Jan 1997
Submissions
105. In Australia, net settlement obligations arising from the previous day's clearings are extinguished across Exchange Settlement Accounts (ESAs) at the start of each business day. ... In 1994 the RBA opened settlement accounts for Special Service
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-supplement-1997/innovation-and-technological-change-in-financial-intermediation.html