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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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RBA submission to Defining payment functions consultation - July 2023

16 Jan 2024 Submissions PDF 445KB
While indirect access suits many providers, some may prefer to participate directly in clearing and settling payments on behalf of their customers without reliance on another financial institution.1 There has ... payment services to apply for an Exchange
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-defining-payment-functions-consultation-july-2023.pdf

Reforms to the Payment Systems (Regulation) Act 1998

1 Dec 2023 Submissions PDF 446KB
Submission to Consultation on Exposure Draft Legislation
https://www.rba.gov.au/publications/submissions/payments-system/pdf/reforms-to-the-payment-systems-regulation-nov-2023.pdf

A Strategic Plan for the Payments System

6 Jun 2023 Submissions PDF 539KB
A STRATEGIC PLAN FOR THE PAYMENTS SYSTEM | 4. in clearing and settling payments on behalf of their customers without reliance on another financial. ... transition. The future of the Bulk Electronic Clearing System (BECS), otherwise known as Direct Entry,
https://www.rba.gov.au/publications/submissions/payments-system/pdf/consultation-on-a-strategic-plan-for-the-payments-system.pdf

Submission to the Senate Select Committee on Australia as a Technology and Financial Centre - July 2021

19 Jul 2021 Submissions PDF 610KB
For example, ASX Limited is implementing a permissioned DLT environment in its current technology refresh for the clearing and settlement of cash equities. ... clearing obligations with other providers.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/inquiry-into-australia-as-a-technology-and-financial-centre.pdf

Submission to Payments System Review

3 Feb 2021 Submissions PDF 1155KB
cheques. This submission will not cover the regulation of clearing and settlement facilities. ... products and clearing and settlement facilities. ASIC also administers the ePayments Code, which is.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf

65 Martin Place Sydney NSW 2000 GPO Box 3947 ...

23 Apr 2020 Submissions PDF 580KB
The NPP provides the clearing and settlement infrastructure through which financial institutions can provide their household, business and government customers with the ability to make fast, versatile and data-rich payments
https://www.rba.gov.au/publications/submissions/payments-system/pdf/future-directions-for-the-consumer-data-right.pdf

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology

9 Jan 2020 Submissions PDF 797KB
payments clearing systems that are managed by Australian Payments Network), and the Bank has. ... financial institutions, including the Reserve Bank. The NPP provides the clearing and settlement.
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/pdf/financial-and-regulatory-technology.pdf

Submission on Data Sharing and Release Legislation

18 Oct 2018 Submissions PDF 207KB
regulation of clearing and settlement facilities; or .
https://www.rba.gov.au/publications/submissions/other/data-sharing-and-release-legislation/pdf/data-sharing-and-release-legislation_2018-08.pdf

Submission to the Financial System Inquiry March 2014

10 Nov 2017 Submissions PDF 3041KB
Financial System Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/pdf/financial-system-inquiry-2014-03.pdf

Submission to the Review into Open Banking in Australia - September 2017

2 Oct 2017 Submissions PDF 505KB
Submission to the Review into Open Banking in Australia
https://www.rba.gov.au/publications/submissions/financial-sector/review-into-open-banking-in-australia/pdf/submission-to-the-review-into-open-banking-in-australia-september-2017.pdf