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RBA Glossary definition for PSNA

PSNA – Payment Systems and Netting Act 1998

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Glossary

22 Jan 2024
A glossary of terms used on the RBA website
https://www.rba.gov.au/glossary/

Appendix B: Detailed Assessment of the Reserve Bank Information and Transfer System | 2021 Assessment of the Reserve Bank Information and…

8 Sep 2023
The irrevocability of settlement under these contingency arrangements is supported by the approval of Austraclear and HVCS as netting arrangements under Part 3 of the PSNA. ... RITS's approval under Part 2 of the PSNA does not ensure the legal certainty
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2021/appendix-b.html

Appendix B: Detailed Assessment of the Reserve Bank Information and Transfer System | 2022 Assessment of the Reserve Bank Information and…

8 Sep 2023
The irrevocability of settlement under these contingency arrangements is supported by the approval of Austraclear and HVCS as netting arrangements under Part 3 of the PSNA. ... RITS's approval under Part 2 of the PSNA does not ensure the legal certainty
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2022/appendix-b.html

List of Acronyms | 2009 Self-assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
Memorandum of Understanding. PSNA. Payment Systems and Netting Act 1998. Repo.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2009/acronyms.html

Material Developments | 2017 Assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
The irrevocability of payments settled in RITS is protected by RITS's approval as an RTGS system under Part 2 of the PSNA. ... they are protected from the application of the ‘zero-hour’ rule). In May 2016, changes to the PSNA were introduced to deal
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2017/material-developments.html

2014/15 Assessment of ASX Clearing and Settlement Facilities-Special Topic – Recovery Planning

17 Aug 2023
ASX's legal analysis has not identified any material legal risk to enforceability of these powers or the application of protections under Part 5 of the PSNA. ... ASX's legal analysis has not identified any material legal risk to enforceability of OTAs or
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2014-2015/special-topic-recovery-planning.html

Assessment against the Core Principles | 2009 Self-assessment of the Reserve Bank Information and Transfer System

9 Mar 2023
Finality of settlement in RITS is made legally certain by Reserve Bank approval of RITS under Part 2, Section 9 of the PSNA. ... The legal certainty of this multilateral netting, and therefore irrevocability of finality of settlement, is protected by an
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2009/assessment.html

2021 Assessment of the Reserve Bank Information and Transfer System

11 Sep 2023 PDF 1366KB
Assessment of the Reserve Bank. Information and Transfer System. May 2021. Contents. 1. Executive Summary 2. 2. Summary and Review of Ratings and Recommendations 4. 3. Material Developments 7. Appendix A: Background Information 14. Appendix B:
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2021/pdf/2021-assessment-rits.pdf

Assessment of the Reserve Bank Information and Transfer System - June 2022

12 Sep 2023 PDF 870KB
Assessment of the Reserve Bank Information and Transfer System. June 2022. Contents. 1. Executive Summary 1. 2. Summary and Review of Ratings and Recommendations 2. 3. Material Developments 5. Appendix A: Background Information 11. Appendix B:
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2022/pdf/2022-assessment-rits.pdf

Self-assessment of the Australian Securities and Investments Commission and Reserve Bank of Australia – Clearing and Settlement Facilities

9 Mar 2023
In assessing an application for approval, the PSNA sets out a number of tests including that, without such approval, the bankruptcy of a participant could cause systemic disruption. ... Separately, the Commonwealth Treasury has responsibility for
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/principles/assessment-against-responsibilities/responsibilities-of-authorities/2014/overview.html