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RBA Glossary definition for FSS

FSS – Financial Stability Standards

RBA Glossary definition for FSS

FSS – Fast Settlement Service (of RITS)

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Abbreviations

21 Oct 2021 PSB Annual Report - 2021 PDF 76KB
https://www.rba.gov.au/publications/annual-reports/psb/2021/pdf/abbreviations.pdf

Risk Management

21 Oct 2021 RBA Annual Report – 2021
transacting in financial markets to implement monetary policy. maintaining the infrastructure to facilitate real-time interbank payment and settlement services through RITS and the FSS.
https://www.rba.gov.au/publications/annual-reports/rba/2021/risk-management.html

Reserve Bank of Australia Annual Report 2023

1 May 2024 RBA Annual Report - 2023 PDF 9575KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/rba-annual-report-2023.pdf

Payments System Board Update: May 2024 Meeting

23 May 2024 Media Releases
Today’s Payments System Board discussed the Bank’s assessments of RITS and ASX’s compliance with standards on segregation and portability, the CHESS replacement project, a prospective bond and repo central counterparty, the review of retail
https://www.rba.gov.au/media-releases/2024/mr-24-10.html

Our Role

27 Oct 2022 RBA Annual Report – October 2022
Our operational role in the payments system is effected through the Banks ownership and management of RITS (including the Fast Settlement Service (FSS)), which is used by banks and other approved
https://www.rba.gov.au/publications/annual-reports/rba/2022/our-role.html

2018 Assessment of the Reserve Bank Information and Transfer System – Material Developments

9 Mar 2023
The security standards for the FSS are equivalent to those of the core RITS service. ... of an FSS outage, storing settlement requests until the FSS is available again.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2018/material-developments.html

2020 Assessment of the Reserve Bank Information and Transfer System – Material Developments

9 Mar 2023
automated failover of the RITS database in contingency scenarios affecting the primary site and improve the resilience of the FSS automatic failover process and systems. ... The Bank should document its process for determining whether RITS or FSS should
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2020/material-developments.html

Letter of Expectations

14 Dec 2022 Media Release PDF 177KB
3. ASX will continue to observe the Financial Stability Standards (FSS) in respect to ensuringthe stability and resilience of the current CHESS, including appropriate business continuityand security arrangements. ... 6. ASX had decided to delay
https://www.rba.gov.au/media-releases/2022/pdf/mr-22-43-letter-of-expectations-15-december-2022.pdf

Corporate Plan 2022

31 Aug 2022
This corporate plan is prepared for 2022/23 in accordance with section 35(1)(b) of the Public Governance, Performance and Accountability Act 2013, and also covers the reporting periods from 1 July 2020 to 30 June 2024.
https://www.rba.gov.au/about-rba/corporate-plan/2022/

Reserve Bank of Australia Annual Report 2021 - Banking and Payment Services

18 Oct 2021 RBA Annual Report 2021 PDF 233KB
https://www.rba.gov.au/publications/annual-reports/rba/2021/pdf/banking-and-payment.pdf