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RBA Glossary definition for bankruptcy

bankruptcy – A legal status, which can be initiated by a creditor or person concerned, whereby the bankrupt's property is vested in a trustee and, with the exception of certain personal and professional property, is available for distribution to creditors.

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Operations in Financial Markets

12 Apr 2020 RBA Annual Report – 2020
To collateralise these open repos, the Bank has permitted the use of certain related-party assets issued by bankruptcy remote vehicles, such as self-securitised Residential Mortgage-backed Securities (RMBS).
https://www.rba.gov.au/publications/annual-reports/rba/2020/operations-in-financial-markets.html

3 February 2015 | Minutes of the Monetary Policy Meeting of the Board

17 Feb 2015 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 February 2015
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2015/2015-02-03.html

Operations in Financial Markets

24 Oct 2016 RBA Annual Report – 2016
To collateralise these open repos, the Bank has permitted the use of certain related-party assets issued by bankruptcy remote vehicles, such as self-securitised RMBS. ... Self-securitised RMBS used in open repos do not have directly observable market
https://www.rba.gov.au/publications/annual-reports/rba/2016/operations-in-financial-markets.html

Reserve Bank of Australia Annual Report 2014 - Risk Management

1 Oct 2014 RBA Annual Report 2014 PDF 138KB
https://www.rba.gov.au/publications/annual-reports/rba/2014/pdf/risk-mgmt.pdf

Operations in Financial Markets

20 Sep 2018 RBA Annual Report – 2018
To collateralise these open repos, the Bank has permitted the use of certain related-party assets issued by bankruptcy remote vehicles, such as self-securitised RMBS. ... Self-securitised RMBS used in open repos do not have directly observable market
https://www.rba.gov.au/publications/annual-reports/rba/2018/operations-in-financial-markets.html

Reserve Bank of Australia Annual Report 2021

29 Sep 2022 RBA Annual Report 2021 PDF 6721KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/2021-report.pdf

Safety and Stability

21 Mar 2002 PSB Annual Report – 2001
Under this rule, a court may date the bankruptcy of an institution from the midnight before the bankruptcy order was made; transactions settled between midnight and the time of the bankruptcy
https://www.rba.gov.au/publications/annual-reports/psb/2001/safety-stability.html

Reserve Bank of Australia Annual Report 2017 - Operations in Financial Markets

10 Feb 2020 RBA Annual Report 2017 PDF 2373KB
https://www.rba.gov.au/publications/annual-reports/rba/2017/pdf/operations-in-financial-markets.pdf

Payments System Board Annual Report 2000 - Safety and Stability

9 Apr 2013 Annual Report PDF 118KB
Payments System Baord Annual Report 2000
https://www.rba.gov.au/publications/annual-reports/psb/2000/pdf/safety-stability.pdf

Risk Management

12 Sep 2014 RBA Annual Report – 2014
The credit risk is inherently limited as the securities are issued by bankruptcy-remote vehicles.
https://www.rba.gov.au/publications/annual-reports/rba/2014/risk-mgmt.html