Search: Clearing

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RBA Glossary definition for Clearing

Clearing – The process of transmitting, reconciling and in some cases confirming payment instructions prior to settlement; it may include netting of instructions and the calculation of final positions for settlement.

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Payments System Board Update: February 2020 Meeting

21 Feb 2020 Media Releases
Today’s Payments System Board meeting discussed the results from the Bank’s 2019 Consumer Payments Survey, the Review of Retail Payments Regulation, adoption of the new ISO 20022 messaging standards and proposed regulatory reforms for financial
https://www.rba.gov.au/media-releases/2020/mr-20-03.html

Media Releases – 2019

31 Dec 2019 Media releases issued in 2019
https://www.rba.gov.au/media-releases/2019/

Payments System Board Update: November 2019 Meeting

21 Nov 2019 Media Releases
Today’s Payments System Board meeting discussed the upcoming review of retail payments regulation, the annual assessment of SwapClear and cross-border payments: Media Release
https://www.rba.gov.au/media-releases/2019/mr-19-30.html

Assessment of ASX Clearing and Settlement Facilities – September 2019

24 Sep 2019 Media Releases
The Assessment concludes that ASX's clearing and settlement (CS) facilities ‘observed’ or ‘broadly observed’ all relevant requirements under the Reserve Bank's Financial Stability Standards (FSS) as at 30 June ... The Reserve Bank's Approach to
https://www.rba.gov.au/media-releases/2019/mr-19-26.html

Payments System Board Update: August 2019 Meeting

16 Aug 2019 Media Releases
The Bank has published a media release outlining topics discussed by the Payments System Board today including: the New Payments Platform; the Assessment of ASX Clearing & Settlement facilities; ATM industry developments and Digital Identity.
https://www.rba.gov.au/media-releases/2019/mr-19-22.html

Changes to the Exchange Settlement Account Policy

26 Jul 2019 Media Releases
The RBA has issued a media release Changes to the Exchange Settlement Account Policy
https://www.rba.gov.au/media-releases/2019/mr-19-19.html

Payments System Board Update: May 2019 Meeting

24 May 2019 Media Releases
The Bank will publish this assessment in coming weeks. The Bank's approach for supervising clearing and settlement facilities.
https://www.rba.gov.au/media-releases/2019/mr-19-13.html

Consultation on ISO 20022 Migration for the Australian Payments System

8 Apr 2019 Media Releases
The Australian payments system comprises a number of payment services, clearing systems and settlement systems. ... Some of these services and systems use the Society for Worldwide Interbank Financial Telecommunication (SWIFT) Message Type (MT) for
https://www.rba.gov.au/media-releases/2019/mr-19-09.html

Payments System Board Update: February 2019 Meeting

25 Feb 2019 Media Releases
At its meeting on Friday 22 February 2019, the Payments System Board discussed a number of issues, including the annual assessment of CME Inc., the recent default at Nasdaq Nordic, a consultation on migration to ISO20022 message formats,
https://www.rba.gov.au/media-releases/2019/mr-19-03.html

Payments System Board Update: November 2018 Meeting

23 Nov 2018 Media Releases
At its meeting today the Payments System Board discussed a number of issues, including its strategic priorities, the New Payments Platform, the CFR review of the regulation of stored value facilities and the Bank's annual assessment of LCH Ltd's
https://www.rba.gov.au/media-releases/2018/mr-18-28.html