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RBA Glossary definition for insolvency

insolvency – A situation where an entity has insufficient assets to cover the value of its liabilities, resulting in an inability to meet its financial obligations as they fall due.

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Submission to the Inquiry into the Digital Assets (Market Regulation) Bill 2023

1 Jun 2023 Submissions PDF 248KB
because of a failure to appropriately safeguard customer funds, illiquidity and/or insolvency).
https://www.rba.gov.au/publications/submissions/payments-system/pdf/digital-assets-bill-senate-economics-legislation-committee-may-2023.pdf

A Strategic Plan for the Payments System

6 Jun 2023 Submissions PDF 539KB
because. of a failure to appropriately safeguard customer funds, illiquidity and/or insolvency).
https://www.rba.gov.au/publications/submissions/payments-system/pdf/consultation-on-a-strategic-plan-for-the-payments-system.pdf

Submission to the Review of the Operation of the Sunsetting Provisions in the Legislation Act 2003

14 Jul 2017 Submissions PDF 493KB
SUBMISSION TO THE SUNSETTING REVIEW COMMITTEE | 3. Australian insolvency laws could undermine the irrevocability of those payments and create severe.
https://www.rba.gov.au/publications/submissions/other/pdf/review-of-the-operation-of-the-sunsetting-provisions-in-the-legislation-act-2003.pdf

Submission to the Financial System Inquiry - 6 September 1996 (Published as Occasional Paper No. 14)

25 Jul 2013 Submissions PDF 604KB
The value of these investments could fallwithout it implying insolvency for the managing institution. ... late) or shareholders (whomight gamble on a risky project saving the company from insolvency). •
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/pdf/financial-system-inquiry-1996.pdf