Search: FSS
RBA Glossary definition for FSS
FSS – Financial Stability Standards
RBA Glossary definition for FSS
FSS – Fast Settlement Service (of RITS)
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Box D: The New Payments Platform and Fast Settlement Service
10 Apr 2018
FSR
– April 2018
The NPP and FSS are completely new pieces of payments infrastructure (Figure D1). ... The payment gateways also initiate settlement by sending a settlement request to the FSS.
https://www.rba.gov.au/publications/fsr/2018/apr/box-d.html
About RITS
20 Mar 2023
A general overview and information papers concerning RITS and its structure
https://www.rba.gov.au/payments-and-infrastructure/rits/about.html
System Availability Statistics - 2023
9 May 2023
Batch feeders. 100.000. LVSS. 100.000. FSS. 100.000. LVCS. 100.000. Notes: Availability is calculated as the amount of time that a system is not experiencing an outage, as ... A SWIFT network issue disrupted the clearing and settlement of NPP
https://www.rba.gov.au/payments-and-infrastructure/rits/system-availability-statistics/index.html
Two Years of Fast Payments in Australia
19 Mar 2020
Bulletin
– March 2020
It has been two years since the public launch of the New Payments Platform (NPP) and the Fast Settlement Service (FSS).
https://www.rba.gov.au/publications/bulletin/2020/mar/two-years-of-fast-payments-in-australia.html
2022 Recommendations to Observe or Continue Observing the FSS | 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/recommendations-to-observe-or-continue-observing-the-fss.html
Final Incident Report RITS and FSS Incident – 12 October 2022
25 Nov 2022
Media Release
PDF
146KB
19:00 Issue identified. 19:05 Incident bridge convened. 19:23 FSS FSS automatically attempts to self-suspend the PAGs. ... submitted. 23:15 NPPA IRG meeting held. 23:47 FSS FSS is restored (one stack out of four).
https://www.rba.gov.au/media-releases/2022/pdf/mr-22-40-final-incident-report-rits-and-fss-incident-12-october-2022.pdf
Appendix A: Background Information | 2022 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
The FSS balance is used for funding the real-time settlement of consumer and business NPP payments. ... projected end-of-day ESA balances, and their FSS balance and RITS/FSS allocation transfer facilities.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2022/appendix-a.html
The New Payments Platform and Fast Settlement Service
20 Sep 2018
Bulletin
– September 2018
A significant advance in the Australian payments system occurred in February 2018 with the public launch of the New Payments Platform (NPP).
https://www.rba.gov.au/publications/bulletin/2018/sep/the-new-payments-platform-and-fast-settlement-service.html
4. The Financial Stability Standards | 2011/12 Assessment of Clearing and Settlement Facilities in Australia
9 Mar 2023
2011/12 compliance report for clearing and settlement facilities
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2011-2012/finance-stability-standards.html