Search: exchange settlement account policy
RBA Glossary definition for settlement
settlement – The discharge of obligations arising from fund transfers between two or more parties.
RBA Glossary definition for Exchange Settlement Account
Exchange Settlement Account – An account held at the Reserve Bank of Australia by financial institutions to settle financial obligations arising from the clearing of payments.
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Domestic Financial Conditions
4 Aug 2023
SMP
– August 2023
Domestic Financial Conditions | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/domestic-financial-conditions.html
Monetary Policy
9 Mar 2023
RBA Annual Report
– 1961
The year 1960/61 was mainly one of consolidation and review in Exchange Control matters, and the policy applying at the outset has been continued in force. ... Under this policy, current payments may be made without restriction under wide discretionary
https://www.rba.gov.au/publications/annual-reports/rba/1961/monetary-policy.html
Domestic Financial Conditions
5 May 2023
SMP
– May 2023
Domestic Financial Conditions | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/domestic-financial-conditions.html
Operations in Financial Markets
12 Apr 2020
RBA Annual Report
– 2020
Exchange Settlement (ES) balances at the Reserve Bank to be remunerated at 10 basis points, rather than zero, to mitigate the cost to the banking system associated with the large increase ... This was as expected and is discussed further below. The funds
https://www.rba.gov.au/publications/annual-reports/rba/2020/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
Other Regulatory Responsibilities
25 Oct 2010
PSB Annual Report
– 2010
exchange settlement risk. ... These accounts provide a means for ultimate settlement of interbank obliga-tions via the exchange of a settlement asset that carries no credit risk – a deposit held with the Reserve Bank.
https://www.rba.gov.au/publications/annual-reports/psb/2010/reg-response.html
Ongoing Regulatory Responsibilities
13 Sep 2007
PSB Annual Report
– 2007
It has also granted one approval under the Payment Systems and Netting Act, and the Bank has granted three Exchange Settlement (ES) Accounts. ... The report on the survey ‘Progress in reducing foreign exchange settlement risk’ was released by the
https://www.rba.gov.au/publications/annual-reports/psb/2007/reg-response.html
Reserve Bank of Australia Annual Report 2023
1 May 2024
RBA Annual Report
- 2023
PDF
304KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/risk-management.pdf
2.1 Annual Performance Statement for 2022/23
19 Oct 2023
RBA Annual Report
– October 2023
Annual Performance Statement for 2022/23 | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/annual-performance-statement.html
Domestic Financial Conditions
4 Nov 2022
SMP
– November 2022
Demand for short-term liquidity obtained at OMO has increased a little in recent months, but remains low relative to pre-pandemic activity, reflecting large Exchange Settlement balances. ... the exchange rate increased the Australian dollar value of gold
https://www.rba.gov.au/publications/smp/2022/nov/domestic-financial-conditions.html