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RBA Glossary definition for FSS

FSS – Financial Stability Standards

RBA Glossary definition for FSS

FSS – Fast Settlement Service (of RITS)

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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

03/10/2018 An Update on Australia's New Payments Platform | ...

3 Oct 2018 Speech PDF 213KB
It includes a newdomestic SWIFT network connecting participants to each other and to the FSS. ... The Fast Settlement Service (FSS) is a separate service of RITS, which is the Reserve Bank's real-time gross settlement (RTGS) system.
https://www.rba.gov.au/speeches/2018/pdf/sp-so-2018-10-03.pdf

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/

Banking and Payment Services

12 Apr 2020 RBA Annual Report – 2020
RITS also provides a real-time settlement service, known as the Fast Settlement Service (FSS), to support the operation of the New Payments Platform (NPP). ... In addition to these interbank payments, the FSS also settles some intrabank transactions for
https://www.rba.gov.au/publications/annual-reports/rba/2020/banking-and-payment-services.html

Abbreviations

8 Oct 2023 PSB Annual Report - 2023 PDF 65KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/abbreviations.pdf

The Australian Financial System

20 Oct 2018 FSR – October 2018
A major change to RITS in the past year has been the addition of the Fast Settlement Service (FSS). ... The FSS facilitates the immediate settlement of payments on the New Payments Platform, a fast payment system that was publicly launched in February.
https://www.rba.gov.au/publications/fsr/2018/oct/aus-fin-sys.html

The Cash Market

15 Dec 2016 Bulletin – December 2016
Al Hing, Gerard Kelly and David Olivan
The cash market is the market for unsecured, overnight loans between banks. The weighted average of interest rates on these loans is the cash rate, the Reserve Bank's operational target for monetary policy and an important financial benchmark. Over
https://www.rba.gov.au/publications/bulletin/2016/dec/4.html

Bulletin March Quarter 2020

26 May 2020 Bulletin - March 2020 PDF 5308KB
https://www.rba.gov.au/publications/bulletin/2020/mar/pdf/bulletin-2020-03.pdf

Banking and Payment Services

9 Aug 2023 RBA Annual Report - 2022 PDF 351KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/banking-and-payment-services.pdf

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