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RBA Glossary definition for ICS

ICS – Initial Convenience Service

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Abbreviations

12 Sep 2014 PSB Annual Report – 2014
ICS. Initial Convenience Service. IOSCO. International Organization of Securities Commissions. IRD.
https://www.rba.gov.au/publications/annual-reports/psb/2014/abbreviations.html

Strategic Review of Innovation

12 Sep 2014 PSB Annual Report – 2014
Work towards development of the first overlay service, the Initial Convenience Service (ICS), is underway. ... APCA). Progress is well underway to develop the business and technical requirements for the BI, the ICS and the Fast Settlement Service, and to
https://www.rba.gov.au/publications/annual-reports/psb/2014/strategic-review-innovation.html

Developments in the Financial System Architecture

20 Oct 2017 FSR – October 2017
In July, the International Association of Insurance Supervisors (IAIS) released ‘version 1.0’ of the Insurance Capital Standard (ICS) for extended field testing. ... All internationally active insurance groups will be included in the test and there
https://www.rba.gov.au/publications/fsr/2017/oct/dev-fin-sys-arch.html