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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Economic and Financial Research in the Reserve Bank in 1994
10 Feb 1995
Bulletin
– February 1995
Two papers examined prudential supervisory issues. The paper by Marianne Gizycki and Brian Gray discusses the calculation of capital charges to cover default risks in a system that allows ‘netting’, whereby ... 9409 Gizycki, M. and B. Gray,
https://www.rba.gov.au/publications/bulletin/1995/feb/2.html
The Introduction of Same-day Settlement of Direct Entry Obligations in Australia
19 Jun 2014
Bulletin
PDF
688KB
Reserve Bank of Australia Bulletin June Quarter 2014
https://www.rba.gov.au/publications/bulletin/2014/jun/pdf/bu-0614-7.pdf
Foreign Exchange Settlement Practices in Australia
22 Feb 2001
Bulletin
PDF
31KB
But the amount at risk canalso be reduced by netting, provided it islegally enforceable. ... Netting can be on abilateral basis where two foreign exchangedealers agree to net payments betweenthemselves.
https://www.rba.gov.au/publications/bulletin/1998/feb/pdf/bu-0298-2.pdf
Derivatives – Bank Activities and Supervisory Responses
2 Jun 2003
Bulletin
PDF
53KB
5. As part of its on-going analysis of bilateral netting arrangements, there also has been extensive technical workcarried out, aimed at determining how netted exposures, should they eventually be permitted ... Gray (1994), ‘Default Risk and Derivatives
https://www.rba.gov.au/publications/bulletin/1995/may/pdf/bu-0595-1.pdf
Non-dealer Clearing of Over-the-counter Derivatives
20 Mar 2014
Bulletin
– March 2014
In 2009, the G20 leaders agreed that all standardised over-the-counter (OTC) derivatives should be cleared through central counterparties (CCPs). Accordingly, an increasing proportion of OTC derivatives are now centrally cleared, particularly where
https://www.rba.gov.au/publications/bulletin/2014/mar/9.html
Real-time Gross Settlement in Australia
10 Sep 2010
Bulletin
– September 2010
Payment Systems and Netting Act 1998. which ensures that payments cannot be unwound if a participant were to fail after having made payments earlier in the day. ... However, the afternoon peak has fallen over time, due in part to some netting
https://www.rba.gov.au/publications/bulletin/2010/sep/8.html
Topic: Payments
11 Sep 2018
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/payments/
Supervision of Banks' Derivative Activities
10 Aug 1993
Bulletin
– August 1993
But it is also noted that these close linkages can be destabilising – with the potential for disturbances to be reinforced, perhaps even amplified, across markets. ... The Basle Committee on Banking Supervision released in April, a consultative paper
https://www.rba.gov.au/publications/bulletin/1993/aug/2.html
Economic and Financial Research in the Reserve Bank in 1994
2 Jun 2003
Bulletin
PDF
50KB
Two papers examined prudentialsupervisory issues. The paper by MarianneGizycki and Brian Gray discusses thecalculation of capital charges to cover defaultrisks in a system that allows ‘netting’, wherebyamounts owing between two parties
https://www.rba.gov.au/publications/bulletin/1995/feb/pdf/bu-0295-2.pdf
Australian Banks’ Activities in Derivatives Markets: Products and Risk-Management Practices
5 Feb 2003
Bulletin
PDF
480KB
Thebilateral or multilateral netting of contractualpayments due on settlement dates, and ofunrealised losses against unrealised gains inthe event of a counterparty’s default, is animportant means of mitigating credit risk. ... Forms of credit risk
https://www.rba.gov.au/publications/bulletin/1994/sep/pdf/bu-0994-1.pdf