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RBA Glossary definition for DvP

DvP – Delivery-versus-Payment

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Standard 10: Exchange-of-value settlement systems | Appendix C2. Financial Stability Standards for Securities Settlement Facilities |…

9 Mar 2023
Where cash is used as a last resort, settlement is also on a DvP Model 1 basis. ... To facilitate DvP settlement, Austraclear has a link with RITS, Australia's RTGS payments system (see SSF Standard 8).
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2018-2019/c2-financial-stability-standards-for-securities-settlement-facilities/standard-10.html

Key Features of Repo CCPs | Central Clearing of Repos in Australia: A Consultation Paper | Consultations

6 Mar 2015 Consultations
In particular, centrally cleared repos typically settle on a DvP 1 basis in a securities settlement facility. ... Euro Repo and GC Pooling. Government Securities Division – DVP Repo and GCF Repo.
https://www.rba.gov.au/publications/consultations/201503-central-clearing-of-repos-in-australia/key-features-repo-ccp.html

4. Financial Market Infrastructures

21 Oct 2021 PSB Annual Report – 2021
the final settlement of the other via a delivery-versus-payment (DvP) mechanism.
https://www.rba.gov.au/publications/annual-reports/psb/2021/financial-market-infrastructures.html

The Australian Repo Market | Central Clearing of Repos in Australia: A Consultation Paper | Consultations

6 Mar 2015 Consultations
In Australia, repos are generally settled on a DvP model 1 (DvP 1) basis in Austraclear. ... Counterparties to a repo may nevertheless choose to settle on a non-DvP basis.
https://www.rba.gov.au/publications/consultations/201503-central-clearing-of-repos-in-australia/australian-repo-market.html

Operational Incident Management | 2020/21 Assessment of ASX Clearing and Settlement Facilities

9 Mar 2023
2020/21 Assessment of ASX Clearing and Settlement Facilities
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2020-2021/operational-incident-management.html

Appendix A2.1 ASX Settlement | 2015/16 Assessment of ASX Clearing and Settlement Facilities

18 May 2023
Under the Settlement Facilitation Service, ASX Settlement also provides DvP settlement arrangements for transactions in non-ASX-listed securities undertaken on trading platforms operated by ALMOs; these include SSX, the NSX
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2015-2016/asx-settlement/

A2. Details Supporting Assessment of Securities Settlement Facilities | Assessment of ASX Clearing and Settlement (CS) Facilities against…

9 Mar 2023
ASX Settlement also provides a delivery-versus-payment (DvP) settlement service for a small number of transactions undertaken on other markets that provide a platform for trading securities that are not ... ASX Settlement's services are limited to
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/principles/assessment-against-principles/asx/2014/appendix-a2-1.html

Safety and Stability

24 Mar 2003 PSB Annual Report – 2002
Such ‘delivery-versus-payment’ (DvP) arrangements guarantee that the change in ownership of securities is final and irrevocable, freeing the buyer of a security to undertake further transactions with that security. ... Nonetheless, such systems do
https://www.rba.gov.au/publications/annual-reports/psb/2002/safety-stability.html

Regulating the New Financial Markets

7 Dec 2006 Conferences PDF 80KB
RBA Conference Volume 1996
https://www.rba.gov.au/publications/confs/1996/pdf/dale.pdf

Special Topic – CHESS Replacement | 2021/22 Assessment of ASX Clearing and Settlement Facilities

9 Mar 2023
2021/22 Assessment of ASX Clearing and Settlement Facilities
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2021-2022/special-topics-chess-replacement.html