Search: Exchange Settlement Account
RBA Glossary definition for settlement
settlement – The discharge of obligations arising from fund transfers between two or more parties.
RBA Glossary definition for Exchange Settlement Account
Exchange Settlement Account – An account held at the Reserve Bank of Australia by financial institutions to settle financial obligations arising from the clearing of payments.
Search Results
Resilience of the Australian Financial System
6 Oct 2023
FSR
– October 2023
Resilience of the Australian Financial System | Financial Stability Review – October 2023
https://www.rba.gov.au/publications/fsr/2023/oct/australian-financial-system.html
The Australian Financial System
6 Apr 2023
FSR
– April 2023
The Australian Financial System | Financial Stability Review – April 2023
https://www.rba.gov.au/publications/fsr/2023/apr/australian-financial-system.html
The Australian Financial System
7 Oct 2022
FSR
– October 2022
This has reflected banks precautionary behaviour early in the pandemic, deposit inflows outpacing credit growth and Reserve Bank policy measures that resulted in higher Exchange Settlement balances at the Reserve Bank. ... for future payouts to account
https://www.rba.gov.au/publications/fsr/2022/oct/australian-financial-system.html
The Australian Financial System
8 Apr 2022
FSR
– April 2022
It also reflected policy measures implemented by the Reserve Bank that increased Exchange Settlement (ES) balances at the Bank. ... assurance program for the replacement of its CHESS clearing and settlement system is fit for purpose.
https://www.rba.gov.au/publications/fsr/2022/apr/australian-financial-system.html
Box C: Building Resilience to Cyber Risks
8 Apr 2022
FSR
– April 2022
From 2019 to 2021, the Solarwinds, Microsoft Exchange and log4j incidents allowed attackers to potentially access hundreds of thousands of IT systems. ... Government Accountability Office (2022), ‘Federal Response to SolarWinds and Microsoft Exchange
https://www.rba.gov.au/publications/fsr/2022/apr/box-c-building-resilience-to-cyber-risks.html
The Australian Financial System
8 Oct 2021
FSR
– October 2021
This has been facilitated by growth in deposits and Reserve Bank policy support, such as the Term Funding Facility (TFF) and bond purchases, which have contributed to higher Exchange Settlement balances ... the ongoing project to replace the CHESS system
https://www.rba.gov.au/publications/fsr/2021/oct/australian-financial-system.html
Regulatory Developments
9 Oct 2020
FSR
– October 2020
Domestically, the agencies on the Council of Financial Regulators (CFR) met frequently to exchange information, assess developments and coordinate policy actions. ... There has been significant work at the global level to assess cross-border
https://www.rba.gov.au/publications/fsr/2020/oct/regulatory-developments.html
The Australian and Global Financial Systems
9 Apr 2020
FSR
– April 2020
The resulting falls in the market value of European government bonds threaten to further undermine the health of European banks, as government debt accounts for a sizeable share of their assets ... The lift in the rate of remuneration of exchange
https://www.rba.gov.au/publications/fsr/2020/apr/the-australian-and-global-financial-systems.html
Regulatory Developments
4 Oct 2019
FSR
– October 2019
to support more timely settlement of trades, it creates potential liquidity risks for these SSFs. ... To mitigate these risks if they were ever to arise in Australia, the Bank has recently introduced requirements that make holding an Exchange Settlement
https://www.rba.gov.au/publications/fsr/2019/oct/regulatory-developments.html
The Australian Financial System
4 Oct 2019
FSR
– October 2019
Recently passed legislation limits the fees that trustees can charge on low-account balances. ... RBA (2019), ‘Assessment of the ASX Clearing and Settlement Facilities’, Assessment Report, September.
https://www.rba.gov.au/publications/fsr/2019/oct/australian-financial-system.html