Search: RITS
RBA Glossary definition for RITS
RITS – The Reserve Bank Information and Transfer System (RITS) was established in August 1991 and is operated by the Reserve Bank of Australia. RITS is Australia's Real-Time Gross Settlement (RTGS) system, which plays a central role in the Australian payments clearing and settlement system.
RITS is the means by which Exchange Settlement Accounts are accessed and membership is compulsory for all Australian-licensed banks and participants in the Reserve Bank's domestic market operations.
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Payments System Board Annual Report 2017 - Governance
12 Sep 2017
PSB Annual Report
2017
PDF
799KB
https://www.rba.gov.au/publications/annual-reports/psb/2017/pdf/governance.pdf
The Australian Financial System
4 Nov 2020
FSR
- October 2020
PDF
620KB
https://www.rba.gov.au/publications/fsr/2020/oct/pdf/03-australian-financial-system.pdf
The Role of the Payments System Board
22 Feb 2001
Bulletin
PDF
65KB
On a more arcane level, though stillfundamental, one of the Board’s first jobs wasto declare the Reserve Bank Information andTransfer System (RITS) and the AustraclearSystem (FINTRACS) as ‘approved RTGSsystems’ in
https://www.rba.gov.au/publications/bulletin/1999/jul/pdf/bu-0799-2.pdf
Reserve Bank of Australia Annual Report 2023
18 Oct 2023
RBA Annual Report
- 2023
PDF
516KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/governance-and-accountability.pdf
The Australian Financial System
21 Nov 2022
FSR
- April 2022
PDF
981KB
https://www.rba.gov.au/publications/fsr/2022/apr/pdf/03-australian-financial-system.pdf
Reserve Bank of Australia Annual Report 2023
17 Oct 2023
RBA Annual Report
- 2023
PDF
333KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/management-of-the-reserve-bank.pdf
Independent Review of the October 2022 Reserve Bank Information and Transfer System (RITS) Outage – Final 21042023
29 May 2023
PDF
4989KB
14 4.5. Governance arrangements that impact RITS. 15 5. Recommendations. 18 6. ... shortages during the period in the lead-up to the RITS outage, including:. ‒
https://www.rba.gov.au/payments-and-infrastructure/rits/reviews/pdf/rba-independent-review-oct-2022-rits-outage-21042023.pdf
Risk Management
9 Aug 2023
RBA Annual Report
- 2022
PDF
545KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/risk-management.pdf
Reserve Bank of Australia and Hong Kong Monetary Authority
3 Jul 2002
Media Release
PDF
38KB
the Reserve Bank Information and Transfer System (RITS).
https://www.rba.gov.au/media-releases/1997/pdf/jmr-97-2104-rba-hkma.pdf
The Australian Financial System
10 Feb 2020
FSR
April 2018
PDF
1279KB
https://www.rba.gov.au/publications/fsr/2018/apr/pdf/03-australian-financial-system.pdf