Search: CCP Standards
RBA Glossary definition for CCP
CCP – Central counterparty
Search Results
Developments in the Clearing and Settlement Industry
27 Sep 2023
PSB Annual Report
– September 2023
Developments in the Clearing and Settlement Industry | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/developments-in-the-clearing-and-settlement-industry.html
CCP Links and Exposure
31 Dec 2013
RDP
2013-12
one between the buyer and its CCP, and one between the two CCPs. ... Figure 1: Unlinked and Linked CCPs. However, CCP links also generate exposures that could pose financial stability risks.
https://www.rba.gov.au/publications/rdp/2013/2013-12/ccp-links-cs-exposures.html
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Financial Market Infrastructures
28 Sep 2022
PSB Annual Report
– September 2022
closed. CCP Standard 9 (Money settlements). Area of supervisory focus. Cyber risk management. ... closed. CCP Standard 6 (Margin). CCP Standard 12 (Participant default rules and procedures).
https://www.rba.gov.au/publications/annual-reports/psb/2022/financial-market-infrastructures.html
Results
22 Nov 2016
RDP
2016-07
In contrast, the constrained-efficient solution internalises the costs of traders' defaults on the CCP. ... Third, quantitatively our model suggests that current international standards that require CCPs to set margin to cover at least 99 per cent of
https://www.rba.gov.au/publications/rdp/2016/2016-07/results.html
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Contagion Analysis
29 Sep 2015
RDP
2015-02
i). (ii). (iii). (iv). Price change (standard deviations). 2.67. 3.89. 3.89. ... VMGH therefore allows for partial payment of variation margin obligations by a CCP.
https://www.rba.gov.au/publications/rdp/2015/2015-02/contagion-analysis.html
See 8 more results from "RDP 2015-02"
4. Financial Market Infrastructures
21 Oct 2021
PSB Annual Report
– 2021
In the event that a participant defaults, the CCP takes over their portfolio. ... The Bank has determined two sets of Financial Stability Standards (Standards) – one for CCPs and one for SSFs.
https://www.rba.gov.au/publications/annual-reports/psb/2021/financial-market-infrastructures.html
The Efficiency of Central Clearing: A Segmented Markets Approach
24 Oct 2016
RDP
PDF
2054KB
largest single participant. The three OTC derivatives CCPs licensed in Australia all meet the ‘cover two’ standard. ... 20 In reality, CCPs scale default fund requirements based on traders’ activity through the CCP.
https://www.rba.gov.au/publications/rdp/2016/pdf/rdp2016-07.pdf
Central Counterparty Loss Allocation and Transmission of Financial Stress
16 Mar 2015
RDP
PDF
1285KB
International standards place tight limits on a CCP’s discretion in these activities. ... Accordingly, international policymakers and standard-setters have focused increasingly on CCP resilience in recent years.
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-02.pdf
Payments System Board Annual Report 2023
11 Oct 2023
PSB Annual Report
- 2023
PDF
2459KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/psb-annual-report-2023.pdf
Oversight, Supervision and Regulation of Financial Market Infrastructures
20 Sep 2018
PSB Annual Report
– 2018
operational risk standard and from ‘observed’ to ‘broadly observed’ against the governance standard; both CCPs were downgraded from ‘observed’ to ‘broadly observed’ against the liquidity risk and credit risk standards; ASX
https://www.rba.gov.au/publications/annual-reports/psb/2018/oversight-supervision-and-regulation-of-financial-market-infrastructures.html