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RBA Glossary definition for ICS

ICS – Initial Convenience Service

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Reading through the Lines: Price-setting Indicators from Earnings Calls

21 Sep 2023 Bulletin – September 2023
Tomas Cokis, Callan Windsor and Max Zang
This article explores how information in earnings call transcripts from Australian firms can contribute to the Reserve Bank’s understanding of their price-setting behaviour, as a complement to information gathered from the Bank’s liaison program.
https://www.rba.gov.au/publications/bulletin/2023/sep/reading-through-the-lines-price-setting-indicators-from-earnings-calls.html

Firms' Price-setting Behaviour: Insights from Earnings Calls

11 Sep 2023 RDP 2023-06
Callan Windsor and Max Zang
Likewise, ic. n,it. is the input cost index for input cost sentiment index.
https://www.rba.gov.au/publications/rdp/2023/2023-06/full.html
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Empirical Methodology

10 Nov 2022 RDP 2022-06
Kim Nguyen
ic. t represents regional time trends, where I. ic. indicates the SA3 area of household i. ... t. where Group. ic,t–4. indicates the demographic or financial group the household belonged to in previous period, which reduces concerns about feedback from
https://www.rba.gov.au/publications/rdp/2022/2022-06/empirical-methodology.html
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Corporate Debt Covenants in Australia

9 Dec 2021 Bulletin – December 2021
Kim Nguyen
The economic downturn associated with the COVID-19 pandemic has raised questions about the extent to which a deterioration in the financial health of some businesses could lead to breaches of debt covenants – with potential knock-on effects on
https://www.rba.gov.au/publications/bulletin/2021/dec/corporate-debt-covenants-in-australia.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

Regression Analysis

31 Dec 2014 RDP 2014-07
Gerard Kelly and Gianni La Cava
ict. ), which consists of a country-industry specific effect (θ. ic. ),
https://www.rba.gov.au/publications/rdp/2014/2014-07/reg-ana.html

Fast Retail Payment Systems

18 Dec 2014 Bulletin – December 2014
Stephanie Bolt, David Emery and Paul Harrigan
In December 2014, a group of Australian financial institutions announced that funding had been secured for the next phase of the New Payments Platform (NPP), which will provide the capability for Australian consumers and businesses to make and
https://www.rba.gov.au/publications/bulletin/2014/dec/6.html

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

Previous Research

31 Dec 2001 RDP 2001-09
Ivan Roberts and John Simon
Hymans (1970) treated the ICS both as a dependent and an independent variable in his regressions. ... although the fit was relatively poor), and that the Michigan ICS was rather less useful.
https://www.rba.gov.au/publications/rdp/2001/2001-09/previous-research.html
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