Search: Close-out netting
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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Developments in the Financial System Architecture
10 Feb 2020
FSR
October 2017
PDF
714KB
https://www.rba.gov.au/publications/fsr/2017/oct/pdf/dev-fin-sys-arch.pdf
The Australian Financial System
12 Apr 2019
FSR
– April 2019
Major banks' Common Equity Tier 1 (CET1) ratios are all at, or close to, APRA's benchmark of 10 per cent (Graph 3.6). ... CCPs have the potential to significantly reduce risks to participants through the multilateral netting of trades and by imposing more
https://www.rba.gov.au/publications/fsr/2019/apr/australian-financial-system.html
The Australian Financial System
4 Oct 2019
FSR
– October 2019
Rates of non-performance on banks' New Zealand lending, which accounts for the majority of offshore lending, are close to their post-GFC low. ... CCPs have the potential to significantly reduce risks to participants through the multilateral netting of
https://www.rba.gov.au/publications/fsr/2019/oct/australian-financial-system.html
The Australian Financial System
14 Apr 2016
FSR
April 2016
PDF
604KB
https://www.rba.gov.au/publications/fsr/2016/apr/pdf/aus-fin-sys.pdf
The Australian Financial System
10 Sep 2014
FSR
– September 2014
APRA will phase out this treatment by 2018. The major banks are well placed to adjust to these higher requirements through earnings retention if current profitability persists. ... This has been driven, in part, by dealers seeking to maximise operational
https://www.rba.gov.au/publications/fsr/2014/sep/aus-fin-sys.html
Reforms to the Payment Systems (Regulation) Act 1998
20 Dec 2023
Submissions
PDF
306KB
responsibilities of the Bank and the Payments System Board are set out in various pieces of legislation,. ... directions to, and accept court-enforceable undertakings from, payment system participants. 1 The other relevant pieces of legislation are:
https://www.rba.gov.au/publications/submissions/payments-system/pdf/treasury-consultation-on-reforms-to-the-psra-submission-07-07-2023.pdf
The Australian Financial System
10 Feb 2020
FSR
April 2019
PDF
914KB
https://www.rba.gov.au/publications/fsr/2019/apr/pdf/03-australian-financial-system.pdf
Financial Stability Review - March 2024
26 Mar 2024
FSR
- March 2024
PDF
2619KB
https://www.rba.gov.au/publications/fsr/2024/mar/pdf/financial-stability-review-2024-03.pdf
Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…
1 Mar 2014
Submissions
the PSRA), the. Payment Systems and Netting Act 1998. (the PSNA), and Part 7.3 of the Corporations Act. ... It grants the Bank the power to approve RTGS systems and multilateral netting arrangements in order to provide a level of legal protection and
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html
The Australian Financial System
20 Oct 2015
FSR
– October 2015
To neutralise its exposure to market risk, ASX Clear had to ‘close out’ the financial risk associated with BBY's obligations by entering into offsetting trades or transferring client positions to ... In the event, ASX Clear was able to manage the
https://www.rba.gov.au/publications/fsr/2015/oct/aus-fin-sys.html