Search: Surplus Exchange Settlement Account balances

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RBA Glossary definition for Exchange Settlement Account balances

Exchange Settlement Account balances – The sum of balances held in Exchange Settlement Accounts with the Reserve Bank.

RBA Glossary definition for Surplus Exchange Settlement Account balances

Surplus Exchange Settlement Account balances – Exchange Settlement Account balances, excluding balances that account holders keep to meet their after-hours payments in the direct entry system or the New Payments Platform.

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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Objectives and Types of Financial Regulation | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector |…

6 Sep 1996 Submissions
Today, owing to the proliferation of transactions, a day old balance sheet can be obsolete. ... Reliable settlement procedures and arrangements for handling a failure to settle also promote stability.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/objectives-and-types-of-financial-regulation.html

Assessment of Prudential Supervision Arrangements | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector |…

6 Sep 1996 Submissions
This balance must periodically be reviewed by relevant supervisors, with any competitive impacts being one factor taken into account. ... Very importantly, they do not constitute part of the payments clearing and settlement system.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/assessment-prudential-supervision-arrangements.html

Background: Financial System Trends | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions

6 Sep 1996 Submissions
It currently accounts for 38 per cent of assets, compared with 26 per cent in 1980. ... At the same time, services previously offered in a package (eg housing loans and savings accounts) are being unbundled.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/background-financial-system-trends.html

The Reserve Bank's Response | Report to the Inquiry into Competition in the Banking and Non-Banking Sectors – May 2009 | Financial Sector | …

7 May 2009 Submissions
On a day to day basis, the cash rate is affected by the demand for and supply of exchange settlement (ES) funds. ... The daily flows in and out of these accounts can be very large, though account holders are required to maintain positive ES balances at
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-report-2009-05/reserve-bank-response.html

Sectoral Trends in Funding Patterns in the Australian Economy | Submission to the Financial System Inquiry – March 2014 | Financial Sector…

1 Mar 2014 Submissions
Current account balances are determined by the myriad of saving and investment decisions of Australian households, businesses and governments. ... crisis. At the national level, the difference between the level of investment and saving is equal to the
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/sectoral-trends-in-funding-patterns.html

The Impact of Hedge Funds on Financial Markets – June 1999 | Financial Sector | Submissions

1 Jun 1999 Submissions
Most countries, in their domestic markets (particularly those conducted on exchanges), have rules to prevent such outcomes. ... account deficit (which has been widely seen as an important factor in the currency crisis).
https://www.rba.gov.au/publications/submissions/financial-sector/inquiry-international-financial-markets-effects-on-govt-policy/impact-hedge-funds-on-financial-markets-1999.html

The Regulatory Response to the Global Financial Crisis | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…

1 Mar 2014 Submissions
They include payment systems, central securities depositories and securities settlement systems, central counterparties and trade repositories. ... In Australia, these entities account for a small and declining share of financial system assets (Chapter 4)
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/regulatory-response-to-the-global-financial-crisis.html