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.
Search Results
Non-dealer Clearing of Over-the-counter Derivatives
27 Mar 2014
Bulletin
PDF
572KB
Reserve Bank of Australia Bulletin March 2014
https://www.rba.gov.au/publications/bulletin/2014/mar/pdf/bu-0314-9.pdf
Supervision of Banks’ Derivative Activities
28 Feb 2003
Bulletin
PDF
58KB
But it is also noted that these close linkagescan be destabilising – with the potentialfor disturbances to be reinforced, perhapseven amplified, across markets. ... TheBasle Committee on Banking Supervisionreleased in April, a consultative paper tothe
https://www.rba.gov.au/publications/bulletin/1993/aug/pdf/bu-0893-2.pdf
The 1893 Bank Crashes and Monetary Aggregates
30 Nov 2009
RDP
PDF
50KB
This divergence results from Pope's netting out of depositsheld in trading banks by savings banks in his calculation of M2 whereas Schedvinmakes this adjustment for M3 (Pope, 1986, pp. ... Netting out the deposits locked up in long datedliabilities and
https://www.rba.gov.au/publications/rdp/1993/pdf/rdp9303.pdf
The Role of the Payments System Board
22 Feb 2001
Bulletin
PDF
65KB
They were areasonably mature product by the close of the1980s. Even so, their usage grew quite rapidlyduring the 1990s alongside that of debit cards(Graph 4). ... a so-called ‘zero hour’ ruling;• payments netting arrangements might not. be
https://www.rba.gov.au/publications/bulletin/1999/jul/pdf/bu-0799-2.pdf
The Effective Supply of Collateral in Australia
17 Sep 2014
Bulletin
September Quarter 2014
PDF
318KB
https://www.rba.gov.au/publications/bulletin/2014/sep/pdf/bu-0914-7.pdf
Reforming the Australian Payments System: The State of Play
12 Feb 2003
Bulletin
PDF
487KB
Some doubts have been expressed about thepossible robustness of multilateral netting inthe present Australian legal environment, insome extreme situations. ... a netting/control system forsettlement risk, and as the centrepiece of thereformed Australian
https://www.rba.gov.au/publications/bulletin/1993/apr/pdf/bu-0493-5.pdf
Property Settlement in RITS
17 Mar 2021
Bulletin
- March 2021
PDF
606KB
https://www.rba.gov.au/publications/bulletin/2021/mar/pdf/property-settlement-in-rits.pdf
Real-time Gross Settlement in Australia
21 Sep 2010
Bulletin
PDF
257KB
Reserve Bank of Australia Bulletin September 2010
https://www.rba.gov.au/publications/bulletin/2010/sep/pdf/bu-0910-8.pdf
More on Risks in Banking
23 Feb 2001
Bulletin
PDF
43KB
Theyare, therefore, heavily at risk from theYear 2000 problem. The RBA is taking a close interest in howthis problem is being addressed, both assupervisor of banks (for the time being) andwith ... More fundamental attacks on settlementrisk have been
https://www.rba.gov.au/publications/bulletin/1997/nov/pdf/bu-1197-4.pdf
The Evolution of Interbank Settlement in Australia
16 Mar 2022
Bulletin
- March 2022
PDF
1247KB
https://www.rba.gov.au/publications/bulletin/2022/mar/pdf/the-evolution-of-interbank-settlement-in-australia.pdf