Search: CHESS
RBA Glossary definition for CHESS
CHESS – Clearing House Electronic Sub-register System. CHESS is a settlement system for Australian equities operated by ASX Settlement.
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The Australian High-Value Payments System
19 Apr 2004
FSR
PDF
98KB
However, the CHESS-RTGS system has not yet been used. Figure 1: Australian payments system infrastructure. ... CHESS-RTGS, a system providing the option of real-time settlement of equities transactions.
https://www.rba.gov.au/publications/fsr/2004/mar/pdf/0304-1.pdf
Appendix A: Background Information | 2022 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
Graph A.1. In addition to settling individual wholesale payments, RITS also facilitates the settlement of net interbank obligations arising from the equity market (through CHESS, the equities settlement system operated ... Governance and ownership. CHESS
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2022/appendix-a.html
The Australian Financial System
7 Oct 2022
FSR
– October 2022
In August, ASX announced that the replacement of its ageing CHESS system – which supports clearing and settlement of nearly all listed Australian equities – would be delayed by at least another ... ASX will need to continue to invest in and maintain
https://www.rba.gov.au/publications/fsr/2022/oct/australian-financial-system.html
Domestic Regulatory Developments
21 Nov 2022
FSR
- October 2022
PDF
170KB
https://www.rba.gov.au/publications/fsr/2022/oct/pdf/04-regulatory-developments.pdf
Assessment of ASX Clearing and Settlement Facilities – September 2021
29 Sep 2021
Media Releases
The application of these findings to the CHESS replacement program should be subject to an independent external review. ... This includes steps taken by ASX to increase the capacity of CHESS while it progresses work on its replacement system.
https://www.rba.gov.au/media-releases/2021/mr-21-21.html
Banking and Payment Services
27 Oct 2022
RBA Annual Report
– October 2022
These batch arrangements settle obligations arising from eftpos and Mastercard payments, equities transactions processed by the ASX Clearing House Electronic Sub-register System (CHESS), and electronic property settlement transactions processed by
https://www.rba.gov.au/publications/annual-reports/rba/2022/banking-and-payment-services.html
Abbreviations
27 Oct 2022
RBA Annual Report
– 2022
CFR. Council of Financial Regulators. CHESS. Clearing House Electronic Sub-register System.
https://www.rba.gov.au/publications/annual-reports/rba/2022/abbreviations.html
Payments System Board Update: August 2022 Meeting
25 Aug 2022
Media Releases
Today’s Payments System Board meeting discussed the Bank’s assessment of the ASX clearing and settlement facilities and oversight of international facilities, least-cost routing, payments reforms including industry standard setting bodies,
https://www.rba.gov.au/media-releases/2022/mr-22-27.html
Self-assessment of RITS against the Principles | 2013 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
In particular, instructions can be delivered via three linked external feeder systems – the SWIFT PDS, the Austraclear system and CHESS RTGS – or entered into RITS directly. ... The procedures and standards for participants to send payments via the
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2013/assessment.html
Appendix A: Background Information | 2020 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
In addition to settling individual wholesale payments, RITS also facilitates the settlement of net interbank obligations arising from the equity market (through CHESS, the equities settlement system operated by ASX Settlement), ... Governance and
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2020/appendix-a.html