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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.

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Our Role

20 Sep 2018 RBA Annual Report – 2018
Its responsibility for monetary policy is set out in section 10(2) of the Reserve Bank Act, which states:. ... The Bank's powers in relation to the payments system are set out in a number of statutes, including the Payment Systems (Regulation) Act 1998
https://www.rba.gov.au/publications/annual-reports/rba/2018/our-role.html

Our Role

25 Sep 2017 RBA Annual Report – 2017
Its responsibility for monetary policy is set out in section 10(2) of the Reserve Bank Act, which states:. ... Payment Systems (Regulation) Act 1998. and the. Payment Systems and Netting Act 1998.
https://www.rba.gov.au/publications/annual-reports/rba/2017/our-role.html

Our Role

27 Oct 2022 RBA Annual Report – October 2022
The Reserve Banks responsibility for monetary policy is set out in section 10(2) of the. ... Payment Systems (Regulation) Act 1998. and the. Payment Systems and Netting Act 1998.
https://www.rba.gov.au/publications/annual-reports/rba/2022/our-role.html

Payments System Board Annual Report 1999 - The Role of the Board

22 Sep 2005 PSB Annual Report 1999 PDF 360KB
https://www.rba.gov.au/publications/annual-reports/psb/1999/pdf/role-board.pdf

Functions and Objectives of the Payments System Board

10 Sep 2012 PSB Annual Report – 2012
Payment Systems (Regulation) Act 1998. and the. Payment Systems and Netting Act 1998. ... Payment Systems (Regulation) Act 1998. and the. Payment Systems and Netting Act 1998. ,
https://www.rba.gov.au/publications/annual-reports/psb/2012/functions-obj-psb.html

Financial Markets and the Bank's Operations | Reserve Bank of Australia Annual Report - 1991

30 Jun 1991 Annual Report
A prominent issue recently has concerned arrangements to allow the netting of foreign exchange transactions among dealers. ... netting among a group of dealers (and even cross-border netting involving participants in other countries).
https://www.rba.gov.au/publications/annual-reports/rba/1991/fin-market.html

Payments System Board Annual Report 2001 - Safety and Stability

22 Sep 2005 PSB Annual Report 2001 PDF 138KB
https://www.rba.gov.au/publications/annual-reports/psb/2001/pdf/safety-stability.pdf

Our Role

21 Oct 2021 RBA Annual Report – 2021
The Bank's responsibility for monetary policy is set out in section 10(2) of the. ... and the. Payment Systems and Netting Act 1998. Under the. Corporations Act 2001. ,
https://www.rba.gov.au/publications/annual-reports/rba/2021/our-role.html

The Board's Announcements and Reserve Bank Reports

25 Oct 2010 PSB Annual Report – 2010
for scheme debit interchange fees; and to give in principle approval to BPAY's application for approval of the multilateral netting arrangement administered by it under section 12 of the Payment ... Systems and Netting Act 1998), 27 November 2009.
https://www.rba.gov.au/publications/annual-reports/psb/2010/board-decisions.html

Safety and Stability

24 Mar 2003 PSB Annual Report – 2002
of the Committee on Interbank Netting Schemes (the Lamfalussy Report), published by the Bank for International Settlements in 1990. ... Clearing may involve the netting of obligations and also the ‘novation’ of the original trade to a central
https://www.rba.gov.au/publications/annual-reports/psb/2002/safety-stability.html