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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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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

Film RB A/R 98 EDITORIAL

1 Sep 1998 Annual Report PDF 166KB
Passage of the Payment Systems and Netting Act 1998 has underpinned the RTGSsystem. ... netting. Three of the majorAustralian banks have signed letters of intent to join ECHO.
https://www.rba.gov.au/publications/annual-reports/rba/1998/pdf/surveillance.pdf

The Role of the Board

1 Oct 1999 PSB Annual Report – 1999
Reserve Bank Act 1959. Payment Systems (Regulation) Act 1998. Payment Systems and Netting Act 1998. ... The. Payment Systems and Netting Act 1998. provides the basis for removing these uncertainties.
https://www.rba.gov.au/publications/annual-reports/psb/1999/role-board.html

Our Role

20 Sep 2018 RBA Annual Report – 2018
Its responsibility for monetary policy is set out in section 10(2) of the Reserve Bank Act, which states:. ... The Bank's powers in relation to the payments system are set out in a number of statutes, including the Payment Systems (Regulation) Act 1998
https://www.rba.gov.au/publications/annual-reports/rba/2018/our-role.html

Our Role

25 Sep 2017 RBA Annual Report – 2017
Its responsibility for monetary policy is set out in section 10(2) of the Reserve Bank Act, which states:. ... Payment Systems (Regulation) Act 1998. and the. Payment Systems and Netting Act 1998.
https://www.rba.gov.au/publications/annual-reports/rba/2017/our-role.html

Our Role

27 Oct 2022 RBA Annual Report – October 2022
The Reserve Banks responsibility for monetary policy is set out in section 10(2) of the. ... Payment Systems (Regulation) Act 1998. and the. Payment Systems and Netting Act 1998.
https://www.rba.gov.au/publications/annual-reports/rba/2022/our-role.html

Payments System Board Annual Report 1999 - The Role of the Board

22 Sep 2005 PSB Annual Report 1999 PDF 360KB
https://www.rba.gov.au/publications/annual-reports/psb/1999/pdf/role-board.pdf

Functions and Objectives of the Payments System Board

10 Sep 2012 PSB Annual Report – 2012
Payment Systems (Regulation) Act 1998. and the. Payment Systems and Netting Act 1998. ... Payment Systems (Regulation) Act 1998. and the. Payment Systems and Netting Act 1998. ,
https://www.rba.gov.au/publications/annual-reports/psb/2012/functions-obj-psb.html

Financial Markets and the Bank's Operations | Reserve Bank of Australia Annual Report - 1991

30 Jun 1991 Annual Report
A prominent issue recently has concerned arrangements to allow the netting of foreign exchange transactions among dealers. ... netting among a group of dealers (and even cross-border netting involving participants in other countries).
https://www.rba.gov.au/publications/annual-reports/rba/1991/fin-market.html