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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Banking and Payment Services
21 Oct 2021
RBA Annual Report
– 2021
Another service of RITS is the Fast Settlement Service (FSS), which enables the real-time gross settlement of transactions initiated through the NPP. ... FSS growth remained on-trend throughout 2020/21, and average daily volumes reached 1.8 million,
https://www.rba.gov.au/publications/annual-reports/rba/2021/banking-and-payment-services.html
Material Developments | 2014 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
The FSS will be a RITS service, owned and operated by the Bank. ... reopened. As noted, FSS payments will be settled individually on a gross basis.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2014/material-developments.html
Appendix A: Background Information | 2020 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/2020/appendix-a.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
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 Reserve Bank's Approach to Supervising and Assessing Clearing and Settlement Facility Licensees
18 Dec 2023
relevant to the services provided under its CS facility licence and its compliance with the FSS. ... the FSS and equivalent requirements of any other jurisdictions in which it operates.
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/standards/approach-to-supervising-and-assessing-csf-licensees.html
Topic: Payments
11 Sep 2018
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/payments/
2021 Recommendations to Observe or Continue Observing the FSS | 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/2020-2021/2021-recommendations-to-observe-or-continue-observing-the-fss.html
2018
11 Sep 2018
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2018/
Reserve Bank of Australia Annual Report 2023
16 Oct 2023
RBA Annual Report
- 2023
PDF
353KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/banking-and-payment-services.pdf