Search: Clearing
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.
Search Results
The Australian Financial System
10 Sep 2014
FSR
– September 2014
Central clearing by non-dealers is most common in products that are subject to foreign mandatory clearing requirements. ... For further details, see RBA (2014), ‘2013/14 Assessment of ASX Clearing and Settlement Facilities’, September.
https://www.rba.gov.au/publications/fsr/2014/sep/aus-fin-sys.html
The Australian Financial System
8 Oct 2021
FSR
– October 2021
the ongoing project to replace the CHESS system for clearing and settlement of equities. ... There has also been a sustained focus by the Bank over recent years on operational risk management at LCH Limited (LCH Ltd), a London-based CCP providing
https://www.rba.gov.au/publications/fsr/2021/oct/australian-financial-system.html
Domestic Regulatory Developments
8 Apr 2022
FSR
– April 2022
Recent areas of focus have included progress with ASX's CHESS Replacement System, the licensing of international central securities depositories, and open access principles for clearing services.
https://www.rba.gov.au/publications/fsr/2022/apr/regulatory-developments.html
The Global Financial Environment
6 Apr 2023
FSR
– April 2023
The Global Financial Environment | Financial Stability Review – April 2023
https://www.rba.gov.au/publications/fsr/2023/apr/global-financial-environment.html
The Australian Financial System
10 Mar 2015
FSR
– March 2015
This is increasingly important as global regulatory reforms encourage the central clearing of over-the-counter (OTC) derivatives. ... Chicago Mercantile Exchange Inc. (CME), which was granted an Australian clearing and settlement facility licence in
https://www.rba.gov.au/publications/fsr/2015/mar/aus-fin-sys.html
Box E: The 2018 Financial Sector Assessment Program (FSAP) Review of Australia
12 Apr 2019
FSR
– April 2019
The IMF also noted that the design of the FMI resolution regime would need to address issues specific to Australia's financial market structure – such as clearing and settlement facilities that
https://www.rba.gov.au/publications/fsr/2019/apr/box-e.html
The Australian Financial System
9 Oct 2020
FSR
– October 2020
However, the record volumes of equity trades in March did result in processing delays in ASX's CHESS clearing and settlement system. ... RBA (2020), ‘Assessment of the ASX Clearing and Settlement Facilities’, Assessment Report, October.
https://www.rba.gov.au/publications/fsr/2020/oct/australian-financial-system.html
Boxes
31 Dec 2009
FSR
– 2009
A number of Boxes on topics of special interest are published in the Financial Stabiilty Review. These boxes can be read as stand-alone documents or within the relevant Financial Stability Review.
https://www.rba.gov.au/publications/fsr/2009/boxes.html
The Australian Financial System
10 Sep 2013
FSR
– September 2013
Accordingly, central clearing can enhance the efficiency, integrity and stability of the financial system. ... An additional $100 million is to be contributed as more participants join the OTC derivatives clearing service.
https://www.rba.gov.au/publications/fsr/2013/sep/aus-fin-sys.html
Regulatory Developments
12 Apr 2019
FSR
– April 2019
and the application of the CFR's Regulatory Expectations for Conduct in Operating Cash Equity Clearing and Settlement Services in Australia to ASX's CHESS replacement project. ... Further work continues in related areas. The first evaluation, on the
https://www.rba.gov.au/publications/fsr/2019/apr/regulatory-developments.html