Search: PSNA
RBA Glossary definition for PSNA
PSNA – Payment Systems and Netting Act 1998
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Standard 8: Settlement finality | A1.2 ASX Clear (Futures) | 2015/16 Assessment of ASX Clearing and Settlement Facilities
18 May 2023
Payments within this system are also final and irrevocable; this is again supported by the approval of RITS under Part 2 of the PSNA (see CCP Standard 1.2). ... statutory management) by clarifying that the protections under the PSNA continue to apply
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2015-2016/asx-clear-futures/standard-08.html
General Background | 2009 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
In addition, under the. Payment Systems and Netting Act 1998. (PSNA) the Reserve Bank is able to ensure that settlement finality in approved RTGS systems and multilateral netting arrangements is legally
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2009/background.html
Standard 7: Settlement Finality | Appendix B2.1: ASX Settlement | 2012/13 Assessment of ASX Clearing and Settlement Facilities
9 Mar 2023
Rating: Observed. ASX Settlement defines the point at which settlement is final in its Operating Rules, and finality is ensured by its approval under Part 3 of the PSNA. ... The finality of ASX Settlement's settlement process is ensured by its approval
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2012-2013/asx-settlement/standard-07.html
Submission to Payments System Review
3 Feb 2021
Submissions
PDF
1155KB
Payment Systems and Netting Act 1998 (Cth) (PSNA). Part 7.3 of the Corporations Act 2001 (Cth). ... the PSRA and the PSNA in a way that best contributes to:.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf
Standard 1: Legal basis | Appendix C1. Financial Stability Standards for Central Counterparties | Assessment of ASX Clearing and Settlement …
9 Mar 2023
ASX Clear and ASX Clear (Futures) are approved as ‘netting markets’ under Part 5 of the Payment Systems and Netting Act 1998 (PSNA), which provides certain legal protections (see also CCP ... The definition of external administration in Part 5 of the
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2016-2017/asx-central-counterparties/standard-01.html
Standard 1: Legal basis | C2. Financial Stability Standards for Securities Settlement Facilities | Assessment of ASX Clearing and…
9 Mar 2023
the approval of its netting arrangements under Part 3 of the PSNA; this approval ensures that netting in accordance with ASX Settlement's Rules and Procedures is legally certain. ... also protected from the zero-hour rule by the approval of RITS as an
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2017-2018/asx-securities-settlement-facilities/standard-01.html
Special Topic | Assessment of ASX Clearing and Settlement Facilities
9 Mar 2023
These protections include:. Protection of the finality of Austraclear's settlement process by its approval as RTGS system under Part 2 of the PSNA. ... Protection of the netting arrangements of ASX Settlement by its approval under Part 3 of the PSNA.
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2018-2019/special-topic-legal-basis.html
2019 Assessment of the Reserve Bank Information and Transfer System
19 Dec 2019
PDF
1608KB
Assessment of the Reserve Bank. Information and Transfer System. May 2019. Contents. 1. Executive Summary 1. 2. Summary and Review of Ratings and Recommendations 2. 3. Material Developments 5. Appendix A: Background Information 13. Appendix B:
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2019/pdf/2019-assessment-rits.pdf
Appendix A: Summary of Progress 2022/23 | Assessment of ASX Clearing and Settlement Facilities
1 Nov 2023
Reference. Recommendation. Standard. Facility. Update. Timeframe. 2022-8. Legal basis: PSNA. ASX Settlement should apply for approvals as an approved RTGS system and as a multilateral netting arrangement under the Payment ... Systems and Netting Act 1998
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2022-2023/appendix-a.html
Standard 7: Settlement finality | A2.2 Austraclear | 2015/16 Assessment of ASX Clearing and Settlement Facilities
8 Mar 2023
Austraclear defines the point at which settlement is final in its Regulations, and finality is protected by its approval under Part 2 of the PSNA. ... statutory management) by clarifying that the protections under the PSNA continue to apply.
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2015-2016/austraclear/standard-07.html