Search: Close-out netting
RBA Glossary definition for Close-out netting
Close-out netting – An arrangement to settle all contracted but not yet due liabilities to, and claims on, an institution by a single payment, immediately upon the occurrence of one of a list of defined events such as the appointment of a liquidator to that institution.
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Payments System Board Annual Report 2010 - Other Regulatory Responsibilities
25 Oct 2010
PSB Annual Report
2010
PDF
247KB
https://www.rba.gov.au/publications/annual-reports/psb/2010/pdf/reg-response.pdf
Risk in the Payments System
13 Sep 2007
PSB Annual Report
– 2007
the granting of legal certainty to RTGS payments and obligations in multilateral netting arrangements through the introduction of the Payment Systems and Netting Act in 1998 and the subsequent approval of ... RTGS systems and key multilateral netting
https://www.rba.gov.au/publications/annual-reports/psb/2007/risk-payments.html
1.1 Our Role
19 Oct 2023
RBA Annual Report
– October 2023
Our Role | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/our-role.html
The Australian High-Value Payments System
10 Mar 2004
FSR
– March 2004
To avoid this, the Payment Systems and Netting Act provides for the Reserve Bank to approve RTGS systems that meet specified criteria. ... A multilateral netting arrangement is one where obligations between three or more parties to financial transactions
https://www.rba.gov.au/publications/fsr/2004/mar/aus-high-val-pay-sys.html
The Board's Decisions and Reserve Bank Reports
13 Sep 2007
PSB Annual Report
– 2007
the latest moves to reform the ATM system and the conditional approval of the multilateral netting arrangement operated by the ASX Settlement and Transfer Corporation (ASTC) under Section 12 of the. ... Payment Systems and Netting Act 1998. ), 5 March
https://www.rba.gov.au/publications/annual-reports/psb/2007/board-decisions.html
List of tables
13 Sep 2007
PSB Annual Report
– 2007
V. A system in which multilateral netting takes place should, at a minimum, be capable of ensuring the timely completion of daily settlements in the event of an inability to settle ... The materials on this webpage are subject to copyright and their use
https://www.rba.gov.au/publications/annual-reports/psb/2007/tables.html
Developments in the Financial System Infrastructure
10 Sep 2005
FSR
– September 2005
and the. Payment Systems and Netting Act 1998. The. Payment Systems and Netting Act. ... Core Principle V – Settlement in Multilateral Netting Systems – is not applicable since RITS is not a multilateral netting system.
https://www.rba.gov.au/publications/fsr/2005/sep/dev-sys-infra.html
Surveillance of the Financial System
30 Jun 1998
RBA Annual Report
– 1998
The legal strength of netting arrangements in Australia has been resolved with passage of the. ... Passage of the. Payment Systems and Netting Act 1998. has underpinned the RTGS system.
https://www.rba.gov.au/publications/annual-reports/rba/1998/surveillance.html
The Board's Decisions and Reserve Bank Reports
20 Sep 2005
PSB Annual Report
– 2005
Media Release 1999-13, ‘. Payment Systems and Netting Act 1998. : Approval of multilateral netting arrangements’ (Approval of the Austraclear system and the High Value Clearing System managed by the Australian Payments ... Approval of netting
https://www.rba.gov.au/publications/annual-reports/psb/2005/board-decisions.html
The Board's Decisions and Reserve Bank Reports
26 Sep 2006
PSB Annual Report
– 2006
Media Release 1999-13, ‘Payment Systems and Netting Act 1998: Approval of Multilateral Netting Arrangements’ (Approval of the Austraclear System and the High Value Clearing System managed by the Australian Payments ... Approval of Netting Arrangements
https://www.rba.gov.au/publications/annual-reports/psb/2006/board-decisions.html