Search: RITS
RBA Glossary definition for RITS
RITS – The Reserve Bank Information and Transfer System (RITS) was established in August 1991 and is operated by the Reserve Bank of Australia. RITS is Australia's Real-Time Gross Settlement (RTGS) system, which plays a central role in the Australian payments clearing and settlement system.
RITS is the means by which Exchange Settlement Accounts are accessed and membership is compulsory for all Australian-licensed banks and participants in the Reserve Bank's domestic market operations.
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Payments System Issues | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
This applies to all Commonwealth Government securities settled using RITS, as well as to all other debt instruments settled through Austraclear. ... RITS is an electronic registry, transfer and settlement system for Commonwealth Government securities.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/payments-system-issues.html
Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…
1 Mar 2014
Submissions
8.2.2.1 The Reserve Bank Information and Transfer System (RITS). RITS is Australia's RTGS system and is operated by the Bank. ... The ASX CCPs' margin payments are also submitted via Austraclear and settled in RITS.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html
Submission on Data Sharing and Release Legislation
18 Oct 2018
Submissions
PDF
207KB
Similar concerns would relate to data resulting from the Bank’s operation of the interbank payments settlement system (the Reserve Bank Information and Transfer System, known as RITS) and specialised
https://www.rba.gov.au/publications/submissions/other/data-sharing-and-release-legislation/pdf/data-sharing-and-release-legislation_2018-08.pdf
A Strategic Plan for the Payments System
6 Jun 2023
Submissions
PDF
539KB
System (RITS) is currently the only domestic SIPS.2 Threats to the operational reliability or security of.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/consultation-on-a-strategic-plan-for-the-payments-system.pdf
Abbreviations | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
RFC. Registered financial corporation. RITS. Reserve Bank Information and Transfer System.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/abbreviations.html
Submission to the Review of the Operation of the Sunsetting Provisions in the Legislation Act 2003
14 Jul 2017
Submissions
PDF
493KB
Information and Transfer System (RITS), the Austraclear system and the Clearing House Electronic.
https://www.rba.gov.au/publications/submissions/other/pdf/review-of-the-operation-of-the-sunsetting-provisions-in-the-legislation-act-2003.pdf
Supplementary Submission to the Financial System Inquiry - 13 January 1997 (Published as Occasional Paper No. 15)
23 Jun 2010
Submissions
PDF
116KB
In Australia these systems include Austraclear (forpublic and private sector debt securities), CHESS (for equities) and RITS (forCommonwealth Government securities).
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-supplement-1997/pdf/financial-system-inquiry-supplement-1997.pdf
Submission to the Financial System Inquiry - 6 September 1996 (Published as Occasional Paper No. 14)
25 Jul 2013
Submissions
PDF
604KB
RESERVE BANKOF AUSTRALIA. Submission to theFinancial System. Inquiry. 6 September 1996. Published as Occasional Paper No. 14. Contact Person. To obtain copies of this Submission or to seek further informationplease contact the Manager, Media Office:.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/pdf/financial-system-inquiry-1996.pdf
Innovation and Technological Change in Financial Intermediation and the Payments System | Supplementary Submission to the Financial System…
13 Jan 1997
Submissions
In Australia these systems include Austraclear (for public and private sector debt securities), CHESS (for equities) and RITS (for Commonwealth Government securities).
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-supplement-1997/innovation-and-technological-change-in-financial-intermediation.html