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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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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

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 Australian Financial System

10 Sep 2014 FSR – September 2014
Amongst other changes, the revised FSS introduced more detailed requirements for the validation of CCP risk models. ... The Bank has also recently released its first assessment of LCH.C Ltd against the FSS, covering the financial year 2013/14.
https://www.rba.gov.au/publications/fsr/2014/sep/aus-fin-sys.html

The Australian Financial System

12 Apr 2019 FSR – April 2019
RITS. More than one year since its launch, activity in the New Payments Platform (NPP) – a fast payment system that settles via the FSS – continues to increase. ... Daily average settlements in FSS reached around 360,000 transactions worth over $300
https://www.rba.gov.au/publications/fsr/2019/apr/australian-financial-system.html

The Australian Financial System

10 Mar 2015 FSR – March 2015
Given their importance to the financial system, CCPs licensed to operate in Australia must meet Financial Stability Standards (FSS) determined by the Reserve Bank, which are based on the internationally agreed ... The FSS for CCPs impose requirements on
https://www.rba.gov.au/publications/fsr/2015/mar/aus-fin-sys.html

The Australian Financial System

10 Sep 2013 FSR – September 2013
The Principles for Financial Market Infrastructures were published in April 2012; in Australia, those principles that relate to financial stability have been implemented in the Financial Stability Standards (FSS) determined by ... The Reserve Bank's FSS
https://www.rba.gov.au/publications/fsr/2013/sep/aus-fin-sys.html

The Australian Financial System

10 Apr 2018 FSR – April 2018
The Fast Settlement Service (FSS), a new component of RITS, facilitates the settlement of NPP payments on a 24/7 basis. ... Box D: The New Payments Platform and Fast Settlement Service’ provides detail on the NPP and FSS and their financial stability
https://www.rba.gov.au/publications/fsr/2018/apr/australian-financial-system.html

Abbreviations | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions

1 Mar 2014 Submissions
FSS. Financial Stability Standards. G20. Group of Twenty. GDP. Gross Domestic Product.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/abbreviations.html

Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…

1 Mar 2014 Submissions
Submission to the Financial System Inquiry 8. Developments and Innovation in the Payments System. Download 3.1. MB. A safe, competitive and efficient payments system is essential to support the day-to-day business of the Australian economy.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html

The Regulatory Response to the Global Financial Crisis | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…

1 Mar 2014 Submissions
Submission to the Financial System Inquiry 3. The Regulatory Response to the Global Financial Crisis. Download 3.1. MB. The global financial crisis revealed a number of shortcomings in policies and practices at financial institutions and at
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/regulatory-response-to-the-global-financial-crisis.html