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.
Search Results
Payment Systems and Netting Act 1998: Approval of Netting Arrangement
16 Jun 2015
Media Releases
Number 2015-10. Date. 16 June 2015. At its 22 May 2015 meeting, the Payments System Board determined that each multilateral netting arrangement contained in the Issuers and Acquirers Community Framework ... IAC) Regulations and Volume 5 of the IAC Code
https://www.rba.gov.au/media-releases/2015/mr-15-10.html
Independent Governance Review
11 Feb 2013
Media Release
PDF
740KB
Report for the Reserve Bank of Australia Special Committee
https://www.rba.gov.au/media-releases/2013/pdf/mr-13-01-igr-securency-npa.pdf
Payments System Issues
27 Nov 2009
Media Releases
At its meeting on 23 November 2009, the Payments System Board decided to amend the EFTPOS interchange fee Standard to make the regulation of EFTPOS interchange fees more consistent with that for scheme debit interchange fees
https://www.rba.gov.au/media-releases/2009/mr-09-27.html
Media Releases – 2007
31 Dec 2007
Media releases
issued in 2007
https://www.rba.gov.au/media-releases/2007/
Payment Systems and Netting Act 1998: Approval of Netting Arrangement
1 May 2007
Media Releases
Announces that the RBA has approved the netting arrangement operated by the ASX Settlement and Transfer Corporation (ASTC)
https://www.rba.gov.au/media-releases/2007/mr-07-06.html
Approval No 1 of 2007
1 May 2007
Media Release
PDF
28KB
Approval under the Payment Systems and Netting Act 1998
https://www.rba.gov.au/media-releases/2007/pdf/mr-07-06-approval-1.pdf
Payments System Issues
5 Mar 2007
Media Releases
Decisions made at the 26 February 2007 meeting of the Payments System Board
https://www.rba.gov.au/media-releases/2007/mr-07-02.html
Media Releases – 2004
16 Dec 2004
Media releases
issued in 2004
https://www.rba.gov.au/media-releases/2004/
Payment Systems and Netting Act 1998 and Cheques Act 1986
19 Aug 2004
Media Releases
Announces that the RBA has approved multilateral netting arrangements for four clearing systems; the Australian Paper Clearing System; the Bulk Electronic Clearing System, the Consumer Electronic Clearing System; and the High Value Clearing System
https://www.rba.gov.au/media-releases/2004/mr-04-07.html
Approval No 1 of 2004
18 Aug 2004
Media Release
PDF
41KB
https://www.rba.gov.au/media-releases/2004/pdf/mr-04-07-approval-1.pdf