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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Innovation and Technological Change in Financial Intermediation and the Payments System | Supplementary Submission to the Financial System…
13 Jan 1997
Submissions
Such systems require substantial communication and real-time processing capacity if they are to reduce settlement risks without unduly compromising the efficiency of the system. ... Under deferred net settlement systems, the central bank must bear in
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-supplement-1997/innovation-and-technological-change-in-financial-intermediation.html
Payments System Issues | Submission to the Financial System Inquiry – 6 September 1996 | Financial Sector | Submissions
6 Sep 1996
Submissions
The potential for financial system instability in the payments system lies primarily with wholesale payments, including high-value payments between financial institutions, net settlements from retail clearing streams and settlements from ... Not all
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-1996/payments-system-issues.html
Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions
8 May 2024
Submissions
In February 2004, the Reserve Bank designated the debit card scheme operated in Australia by Visa as a payment system under the Payment Systems (Regulation) Act 1998. ... In Australia, the cheque system, the direct entry system and the high-value payment
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html
Inquiry into Future Directions for the Consumer Data Right – April 2020 | Payments System | Submissions
8 May 2024
Submissions
This submission primarily addresses issues relating to the Bank's role as the principal regulator of the payments system in Australia. ... The Bank's mandate is to contribute to promoting efficiency and competition in the payments system and the overall
https://www.rba.gov.au/publications/submissions/payments-system/future-directions-for-the-consumer-data-right/index.html
A Strategic Plan for the Payments System
6 Jun 2023
Submissions
PDF
539KB
systems, the eftpos card system and the NPP. The framework imposes several new obligations on the. ... instability. There have been system outages in low-value systems that have disrupted activity across.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/consultation-on-a-strategic-plan-for-the-payments-system.pdf
65 Martin Place Sydney NSW 2000 GPO Box 3947 ...
23 Apr 2020
Submissions
PDF
580KB
The Bank’s mandate is to contribute to promoting efficiency and competition in the payments system and the overall stability of the financial system. ... 3 The Bank’s 2016 Consumer Payments Survey found that most credit card holders do not receive a
https://www.rba.gov.au/publications/submissions/payments-system/pdf/future-directions-for-the-consumer-data-right.pdf
Submission on Data Sharing and Release Legislation
18 Oct 2018
Submissions
PDF
207KB
These data have enabled analysis not previously possible, so deepening the Bank’s understanding of the operation of the Australian economy and financial system. ... Similar concerns would relate to data
https://www.rba.gov.au/publications/submissions/other/data-sharing-and-release-legislation/pdf/data-sharing-and-release-legislation_2018-08.pdf
Submission on Data Sharing and Release Legislation – August 2018 | Data Sharing | Submissions
1 Aug 2018
Submissions
Payment Systems and Netting Act 1998. or the repealed. Banks (Shareholdings) Act 1972. ... Similar concerns would relate to data resulting from the Bank's operation of the interbank payments settlement system (the Reserve Bank Information and Transfer
https://www.rba.gov.au/publications/submissions/other/data-sharing-and-release-legislation/
Competition in the Financial System - September 2017
19 Sep 2017
Submissions
PDF
969KB
Submission to the Productivity Commission Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/pdf/submission-to-productivity-commission-september-2017.pdf
Submission to the Review of the Operation of the Sunsetting Provisions in the Legislation Act 2003
14 Jul 2017
Submissions
PDF
493KB
7 Formerly the Committee on Payment and Settlement Systems. 8 Under subsection 823CA(1A) of the Corporations Act, the Reserve Bank must do an assessment of any prescribed. ... determine, by legislative instrument, that a cheque settlement system is
https://www.rba.gov.au/publications/submissions/other/pdf/review-of-the-operation-of-the-sunsetting-provisions-in-the-legislation-act-2003.pdf