Search: Clearing
RBA Glossary definition for Clearing
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.
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Developments in the Financial System Architecture
21 Apr 2017
FSR
– April 2017
Finalised guidance is expected to be published in June. Relevant to this work is an ongoing assessment coordinated by the FSB of the interdependencies between CCPs, major clearing members and financial ... In February, the working group published an
https://www.rba.gov.au/publications/fsr/2017/apr/dev-fin-sys-arch.html
Developments in the Financial System Infrastructure
10 Sep 2005
FSR
– September 2005
The system is also used for the settlement of deferred net clearing obligations. ... Payments through RITS on an RTGS basis arise from three sources: the High Value Clearing System (HVCS), Austraclear, and cash transfers between RITS participants.
https://www.rba.gov.au/publications/fsr/2005/sep/dev-sys-infra.html
Developments in the Financial System Infrastructure
10 Mar 2007
FSR
– March 2007
The Guide emphasises the importance of each institution developing a plan to help them identify their critical business functions, such as the clearing and settlement of financial obligations, and how these
https://www.rba.gov.au/publications/fsr/2007/mar/dev-sys-infra.html
Developments in the Financial System Architecture
10 Mar 2015
FSR
– March 2015
The regime would cover: domestic clearing and settlement facilities, with the Bank as the resolution authority; and domestic trade repositories that are identified as systemically important, with ASIC as the resolution ... In February, the government
https://www.rba.gov.au/publications/fsr/2015/mar/dev-fin-sys-arch.html
The Australian Financial System
20 Oct 2017
FSR
– October 2017
and the ASX clearing and settlement facilities – which facilitate the clearing and settlement of trades in securities and derivatives. ... These assessments have been completed for RITS and work is underway for the ASX clearing and settlement facilities
https://www.rba.gov.au/publications/fsr/2017/oct/aus-fin-sys.html
Developments in the Financial System Architecture
20 Oct 2017
FSR
– October 2017
The policy framework also includes regulatory expectations for conduct in operating cash equity clearing and settlement services. ... These apply to a market structure in which the ASX remains a monopoly provider of cash equities clearing or settlement
https://www.rba.gov.au/publications/fsr/2017/oct/dev-fin-sys-arch.html
Overview
10 Mar 2012
FSR
– March 2012
There has also been progress over the past six months on a number of other international regulatory initiatives, including the move towards central clearing of over-the-counter (OTC) derivatives and
https://www.rba.gov.au/publications/fsr/2012/mar/overview.html
Developments in the Financial System Architecture
10 Sep 2011
FSR
– September 2011
FEX plans to offer trading in commodity, energy and environmental derivatives, and has contracted LCH.Clearnet Limited (LCH) to provide clearing and settlement. ... In order to clear for FEX, LCH has applied for an Australian clearing and settlement
https://www.rba.gov.au/publications/fsr/2011/sep/dev-fin-sys-arch.html
Developments in the Financial System Infrastructure
10 Mar 2008
FSR
– March 2008
So as to provide transparency to the process by which prospective market operators might access its clearing and settlement facilities, the ASX launched a public consultation in March 2008, setting out
https://www.rba.gov.au/publications/fsr/2008/mar/dev-sys-infra.html
The Australian Financial System
4 Oct 2019
FSR
– October 2019
The 2019 Assessment of ASX found that there are strong legal foundations for the operating rules governing its clearing and settlement activity. ... RBA (2019), ‘Assessment of the ASX Clearing and Settlement Facilities’, Assessment Report, September.
https://www.rba.gov.au/publications/fsr/2019/oct/australian-financial-system.html