Search: Deferred Net Settlement System
RBA Glossary definition for settlement
settlement – The discharge of obligations arising from fund transfers between two or more parties.
RBA Glossary definition for Deferred Net Settlement System
Deferred Net Settlement System – A settlement system in which each participant settles (typically by means of a single payment or receipt) its net position, which results from the payments made and received by it, at some defined time after payments have been made.
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RESERVE BANK OF AUSTRALIA FOREIGN EXCHANGE SETTLEMENTPRACTICES IN AUSTRALIA ...
18 Dec 1997
Media Release
PDF
268KB
The G10 surveys were collated by the Committee onPayment and Settlement Systems (CPSS) of the Bank for International Settlements(BIS) and the findings were published in a report issued by the ... 13. For some currencies with deferred net settlement
https://www.rba.gov.au/media-releases/1997/pdf/fxsp.pdf
Payment Systems and Netting Act 1998:Approval of Multilateral Netting Arrangements
24 Nov 1999
Media Releases
Anouncement that the Austraclear System and the Australian Payments Clearing Association's (APCA's) High Value Clearing System have been declared approved multilateral netting arrangements under the payment systems and act 1998
https://www.rba.gov.au/media-releases/1999/mr-99-13.html
December: 1997-Settlement Practices in the Australian Foreign Exchange Market
9 Mar 2023
Media Release
For some currencies with deferred net settlement arrangements – most notably the AUD and NZD – many respondents indicated that they reconcile receipts before interbank settlement has been completed across the accounts of ... In the absence of a
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/settlement-practices-aus-fx-market.html
December: 1997-Glossary
9 Mar 2023
Media Release
CNY. Chinese renminbi. CPSS. Committee on Payment and Settlement Systems of the BIS. ... See market risk. Fedwire. The real-time gross settlement system operating in the United States.
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/annex-e.html
Liquidity Management - Prudential Statement D1
24 Jun 2002
Media Release
PDF
95KB
Liquidity problems with an individual bank may have significant implications for the whole financial system. ... It should set out policies and systems for managing domestic and foreign currency liquidity.
https://www.rba.gov.au/media-releases/1998/pdf/prud-stmt-d1.pdf
Reserve Bank of Australia Domestic Market Dealing Arrangements: Information Paper - 9 May 1996
11 Aug 2004
Media Release
PDF
81KB
3. Settlement. All transactions by the Bank will be for same-day settlement through RITS. ... Transactions with banks and special service providers will be settled directly through their Exchange Settlement Accounts.
https://www.rba.gov.au/media-releases/1996/pdf/mr-96-06-info-paper.pdf
Payments System Board Update: November 2018 Meeting
23 Nov 2018
Media Releases
At its meeting today the Payments System Board discussed a number of issues, including its strategic priorities, the New Payments Platform, the CFR review of the regulation of stored value facilities and the Bank's annual assessment of LCH Ltd's
https://www.rba.gov.au/media-releases/2018/mr-18-28.html
Changes to the Reserve Bank's Domestic Market Operations in the Transition Phase to Real-time Gross Settlement
9 May 1996
Media Releases
Announces changes to the RBA's Domestic Markets Operations to be introduced in June to August 1986
https://www.rba.gov.au/media-releases/1996/mr-96-06-info-paper.html
Commencement of Real-time Gross Settlement (RTGS)
16 Jun 1998
Media Releases
From 22 June 1998, the Reserve Bank will commence real-time gross settlement of all payments between Australian banks which are processed across the Reserve Bank Information and Transfer System (RITS)
https://www.rba.gov.au/media-releases/1998/mr-98-08.html
December: 1997-Settlement Risk on Australian Dollar Transactions
9 Mar 2023
Media Release
The use of different systems and payment instruments makes identification and measurement of foreign exchange settlement risk on AUD transactions more difficult than for many other currencies. ... In addition, they need to be aware of the time when AUD
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/settlement-risk-aus-dollar-transactions.html