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.
Search Results
Innovation Gaps in the Australian Payments System | Strategic Review of Innovation in the Payments System: Issues for Consultation June…
7 Jun 2011
Consultations
These are dealt with separately below. As discussed, Australia's main retail payment systems operate on a deferred settlement basis. ... Is there a case for a real-time settlement system for low-value payments and how should it be provided?
https://www.rba.gov.au/publications/consultations/201106-strategic-review-innovation/issues/innovation-gaps.html
Abbreviations | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
CPSS. Committee on Payment and Settlement Systems. CS. Clearing and settlement. ... DNS. Deferred net settlements. D-SIBS. Domestic systemically important banks. DSR. Dent-servicing ratios.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/abbreviations.html
Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…
1 Mar 2014
Submissions
RITS was launched in 1998 and replaced a deferred net settlement system under which interbank obligations accumulated throughout the day and were not settled until 9.00 am the following day. ... batch). The interbank obligations that arise in retail
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.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
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
Sources and Management of Systemic Risk | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
Although the Australian banking system continues to source a high share of its funding from wholesale markets relative to a number of other banking systems, a relatively large share of Australian ... Aggregate housing loans represent around 40 per cent
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/sources-and-management-of-systemic-risk.html
The Regulatory Response to the Global Financial Crisis | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…
1 Mar 2014
Submissions
In 2012, the Committee on Payment and Settlement Systems (CPSS) and IOSCO published the Principles for Financial Market Infrastructures (PFMIs). ... They include payment systems, central securities depositories and securities settlement systems, central
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/regulatory-response-to-the-global-financial-crisis.html
Factors Behind the Recent Rise in House Prices | Submission to the Productivity Commission Inquiry on First Home Ownership – November 2003…
1 Nov 2003
Submissions
Overall, the net effect of these grants has been beneficial to first-home buyers. ... For owner-occupiers, these loans may provide an opportunity to invest deferred principal payments in higher-yielding products.
https://www.rba.gov.au/publications/submissions/housing-and-housing-finance/inquiry-productivity-commission-on-first-home/factors-behind-recent-rise-in-house-prices.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