Search: FMI
RBA Glossary definition for FMI
FMI – Financial market infrastructure
Search Results
Domestic Regulatory Developments
8 Apr 2022
FSR
– April 2022
Regulatory developments related to financial market infrastructures (FMIs). Much of the cooperative work on FMIs is undertaken through the FMI Steering Committee, which reports to the CFR. ... A regulatory reform package for FMIs, which includes the
https://www.rba.gov.au/publications/fsr/2022/apr/regulatory-developments.html
The Australian Financial System
8 Apr 2021
FSR
– April 2021
Similarly, if such an incident affected critical nodes, such as an FMI (including payment systems or CCPs) for a prolonged period it could directly impact the ability of firms and households
https://www.rba.gov.au/publications/fsr/2021/apr/australian-financial-system.html
The Australian and Global Financial Systems
9 Apr 2020
FSR
– April 2020
Australian banks, insurers and FMI providers have all successfully enacted pandemic plans which are designed to ensure they can continue operating even if COVID-19 spreads more widely in Australia.
https://www.rba.gov.au/publications/fsr/2020/apr/the-australian-and-global-financial-systems.html
Regulatory Developments
4 Oct 2019
FSR
– October 2019
The CFR considered the design of a crisis management legislative framework for clearing and settlement (CS) facilities, with this work being undertaken by the CFR's Financial Market Infrastructure (FMI) Steering ... The FMI Steering Committee has also
https://www.rba.gov.au/publications/fsr/2019/oct/regulatory-developments.html
The Australian Financial System
4 Oct 2019
FSR
– October 2019
An operational outage affecting an FMI can have a significant impact on its participants and the broader financial system since there are typically limited substitutes available for critical FMI services. ... Without a sound legal basis, an FMI may face
https://www.rba.gov.au/publications/fsr/2019/oct/australian-financial-system.html
Box E: The 2018 Financial Sector Assessment Program (FSAP) Review of Australia
12 Apr 2019
FSR
– April 2019
The IMF also noted that the design of the FMI resolution regime would need to address issues specific to Australia's financial market structure – such as clearing and settlement facilities that
https://www.rba.gov.au/publications/fsr/2019/apr/box-e.html
Regulatory Developments
12 Apr 2019
FSR
– April 2019
Of recent note:. The CFR Financial Market Infrastructure (FMI) Steering Committee helps to coordinate monitoring and policy formulation in relation to FMIs and over-the-counter (OTC) derivatives markets regulation. ... Its recent work has included
https://www.rba.gov.au/publications/fsr/2019/apr/regulatory-developments.html
Box E: The Council of Financial Regulators
20 Oct 2018
FSR
– October 2018
The Financial Market Infrastructure Steering Committee (FMI SC) monitors, coordinates and prioritises interagency policy work in relation to FMIs and ‘over-the-counter’ (OTC) derivatives market regulation. ... It also provides policy direction and
https://www.rba.gov.au/publications/fsr/2018/oct/box-e.html
The Australian Financial System
20 Oct 2018
FSR
– October 2018
There are two key FMI entities located in Australia. The Reserve Bank Information and Transfer System (RITS) is used by banks and other approved institutions to settle payment obligations on a
https://www.rba.gov.au/publications/fsr/2018/oct/aus-fin-sys.html
Regulatory Developments
10 Apr 2018
FSR
– April 2018
Key groups include the Financial Market Infrastructure (FMI) Steering Committee, which helps to coordinate monitoring and policy formulation in relation to FMIs and OTC derivatives markets regulation, and the Crisis Management ... ASIC for trade
https://www.rba.gov.au/publications/fsr/2018/apr/regulatory-developments.html