Search: PSNA
RBA Glossary definition for PSNA
PSNA – Payment Systems and Netting Act 1998
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Standard 1: Legal basis | Appendix C2. Financial Stability Standards for Securities Settlement Facilities| Assessment of ASX Clearing and…
9 Mar 2023
the approval of its netting arrangements under Part 3 of the PSNA; this approval ensures that netting in accordance with ASX Settlement's Rules and Procedures is legally certain. ... also protected from the zero-hour rule by the approval of RITS as an
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2018-2019/c2-financial-stability-standards-for-securities-settlement-facilities/standard-01.html
List of tables | Assessment of ASX Clearing and Settlement (CS) Facilities against the Principles for Financial Market Infrastructures…
9 Mar 2023
The certainty of this legal basis in relevant jurisdictions is reinforced by supporting legislation, including ASX Clear's protection as a netting market under the PSNA, and protection for settlements conducted ... The finality of its money settlements
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/principles/assessment-against-principles/asx/2014/tables.html
Standard 13: Segregation and portability | A1.2 ASX Clear (Futures) | 2015/16 Assessment of ASX Clearing and Settlement Facilities
18 May 2023
Part 5 of the PSNA supports the transfer of client collateral in the event of the default of a clearing participant as provided for in its Operating Rules without the need ... This power is further supported by Part 5 of the PSNA (see CCP Standard 13.1).
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2015-2016/asx-clear-futures/standard-13.html
Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…
1 Mar 2014
Submissions
the PSRA), the. Payment Systems and Netting Act 1998. (the PSNA), and Part 7.3 of the Corporations Act. ... The PSNA is concerned with the legal enforceability and certainty of settlement in payment systems.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html
Assessment of the Reserve Bank Information and Transfer System
4 Jun 2018
PDF
694KB
Assessment of the Reserve Bank Information and Transfer System. May 2018. Contents. 1. Executive Summary 1. 2. Summary and Review of Ratings and Recommendations 2. 3. Material Developments 4. Box A: Endpoint Security 5. Box B: The New Payments
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2018/pdf/2018-assess-rits.pdf
Assessment of ASX Clearing and Settlement Facilities - October 2023
5 Feb 2024
PDF
701KB
Assessment of ASX Clearing and Settlement Facilities. October 2023. 1. Executive Summary 1. 2. Overview of Ratings, Recommendations and Areas of Supervisory Focus 2. 3. Developments 5. 4. Special Topic – The Current CHESS 14. 5. Special Topic –
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2022-2023/pdf/report-2022-2023.pdf
2015 Assessment of the Reserve Bank Information and Transfer ...
13 Apr 2016
PDF
786KB
2015 Assessment of the Reserve Bank Information. and Transfer System. November 2015. Contents 1. Introduction and Executive Summary 2. 2. Summary and Review of Ratings and Recommendations 4. 3. Material Developments 7. Appendix A: Background
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2015/pdf/2015-assess-rits.pdf
A2. Financial Stability Standards for Securities Settlement Facilities | 2014/15 Assessment of ASX Clearing and Settlement Facilities
17 Aug 2023
PSNA), and is subject to periodic review by ASX Legal (SSF Standards 1.2, 1.5). ... the approval of RITS as an RTGS system under Part 2 of the PSNA (see SSF Standard 8).
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2014-2015/appendix-a2-financial-stability-standards-for-securities-settlement-facilities.html
Standard 1: Legal basis | Appendix A1.1 ASX Clear | 2015/16 Assessment of ASX Clearing and Settlement Facilities
8 Mar 2023
and netting arrangements, such as ASX Settlement, that have been approved under the PSNA. ... statutory management) by clarifying that the protections under the PSNA continue to apply.
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2015-2016/asx-clear/standard-01.html
Standard 8: Settlement Finality | Assessment of Chicago Mercantile Exchange Inc. against the Financial Stability Standards for Central…
9 Mar 2023
In addition, under Australian law, the PSNA seeks to ensure the finality of settlement for netting markets. ... CME has applied to the Minister to be approved as a netting market and has provided the Bank with a legal opinion regarding the application of
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/chicago-mercantile-exchange/2014/standard-8.html