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RBA Glossary definition for CCP

CCP – Central counterparty

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Bulletin June Quarter 2023

29 Sep 2023 Bulletin - June 2023 PDF 7089KB
https://www.rba.gov.au/publications/bulletin/2023/jun/pdf/bulletin-2023-06.pdf

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

12 Sep 2023 PDF 870KB
Recognising this interdependency, the Bank publishes Business Continuity and Security Standards for direct participants in RITS. ... The Bank monitors compliance with the Business Continuity and Security Standards on an ongoing basis.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2022/pdf/2022-assessment-rits.pdf

2021 Assessment of the Reserve Bank Information and Transfer System

11 Sep 2023 PDF 1366KB
counterparties (CCPs); and debt and equity settlement obligations arising in securities settlement systems. ... The Bank monitors compliance with the Business Continuity Standards on an ongoing basis.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2021/pdf/2021-assessment-rits.pdf

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

8 Sep 2023
The Bank ensures that there are sufficient resources to maintain its trade entry and collateral management system to a high standard. ... Rating: Observed. Note: Key Consideration 7.4 does not apply to RITS as it does not operate a CCP.
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 Bank ensures that there are sufficient resources to maintain its trade entry and collateral management system to a high standard. ... Rating: Observed. Note: Key Consideration 7.4 does not apply to RITS as it does not operate a CCP.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2022/appendix-b.html

Appendix A: Detailed Assessment of Clearing and Settlement Facilities against the Financial Stability Standards | 2014/15 Assessment of ASX …

17 Aug 2023
Table 16: Supplementary Interpretation of the CCP Standards. CCP Standard. Additional Interpretation. ... CCP Standard 21 sets out a range of reporting requirements for central counterparties.
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2014-2015/appendix-a-detailed-assessment-of-clearing-and-settlement-facilities-against-the-financial-stability-standards.html

A1. Financial Stability Standards for Central Counterparties | 2014/15 Assessment of ASX Clearing and Settlement Facilities

17 Aug 2023
in respect of the legal basis of significant new services (CCP Standard 1.4). ... ASX has a documented risk management framework, which is described under CCP Standard 3.1.
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2014-2015/appendix-a1-financial-stability-standards-for-central-counterparties.html

A1.2 ASX Clear (Futures) | 2014/15 Assessment of ASX Clearing and Settlement Facilities

17 Aug 2023
2014/15 Assessment of ASX Clearing and Settlement Facilities
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2014-2015/appendix-a1-2-asx-clear-futures.html

Assessment of Clearing and Settlement Facilities against the Financial Stability Standards | 2014/15 Assessment of ASX Clearing and…

17 Aug 2023
Accordingly, it is critical that the CCP identifies and properly controls risks arising from its operations and conducts its affairs in accordance with the CCP Standards. ... The ASX Group includes two CCPs that are required to observe the CCP Standards:.
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2014-2015/assessment-of-clearing-and-settlement-facilities-against-the-financial-stability-standards.html

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

17 Aug 2023
These include arrangements to address liquidity shortfalls that could not be addressed using ‘qualifying’ liquid resources alone (CCP Standard 7.9). ... a shock that depleted its capital (CCP Standards 14.3 and 14.5, and SSF Standards 12.3 and 12.5).
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2014-2015/special-topic-recovery-planning.html