Search: PvP
RBA Glossary definition for PvP
PvP – Payment-versus-Payment
Search Results
December: 1997-Risk Management Practices
9 Mar 2023
Media Release
In terms of developing PVP solutions for the Australian market, the most important payments system offshore that needs to be considered is that of the United States. ... Liquidity in both markets at that time is thin. To achieve a meaningful PVP overlap
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/risk-management-practices.html
The Global Foreign Exchange Committee and the FX Global Code
22 Oct 2020
Speech
Speech delivered by Guy Debelle, Deputy Governor, FX Week Australia, Webinar
https://www.rba.gov.au/speeches/2020/sp-dg-2020-10-22.html
The Global Foreign Exchange Committee and the FX Global Code
21 Oct 2020
Speech
PDF
169KB
methods. The BIS data suggested that the amount of trades being settled without payment-versus-payment (PvP) protection remains very significant and has increased. ... This not only includes the credit risks associated with non-PvP settlement, but other
https://www.rba.gov.au/speeches/2020/pdf/sp-dg-2020-10-22.pdf
Updates to the FX Global Code
20 Aug 2021
Speech
Speech delivered by Christopher Kent, Assistant Governor (Financial Markets), to FX Markets Australia, Virtual Conference
https://www.rba.gov.au/speeches/2021/sp-ag-2021-08-20.html
The FX Global Code
27 Jul 2021
Speech
Speech delivered by Guy Debelle, Deputy Governor, FX Markets USA, Virtual Conference
https://www.rba.gov.au/speeches/2021/sp-dg-2021-07-27.html
Updates to the FX Global Code
25 Aug 2021
Speech
PDF
162KB
The Code now places greater emphasis on the use of PVP mechanismswhere they are available. ... It also provides more detailed guidance on the appropriate management ofsettlement risk where PVP settlement is not used.
https://www.rba.gov.au/speeches/2021/pdf/sp-ag-2021-08-20.pdf
December: 1997-Glossary
9 Mar 2023
Media Release
failure. Payment versus payment (PVP). A mechanism in a foreign exchange settlement system that ensures that a final transfer of one currency occurs if and only if a final transfer of ... Principal risk. See foreign exchange settlement risk. PTE.
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/annex-e.html
RESERVE BANK OF AUSTRALIA FOREIGN EXCHANGE SETTLEMENTPRACTICES IN AUSTRALIA ...
18 Dec 1997
Media Release
PDF
268KB
38. iv. 5.5.1 PVP solutions.385.5.2 Promoting regional dialogue.385.5.3 Foreign exchange hedge market.39.
https://www.rba.gov.au/media-releases/1997/pdf/fxsp.pdf
The FX Global Code
8 Sep 2021
Speech
Speech delivered by Guy Debelle, Deputy Governor, Tradetech FX EU, Hybrid Conference
https://www.rba.gov.au/speeches/2021/sp-dg-2021-09-08.html
The FX Global Code
28 Jul 2021
Speech
PDF
187KB
the GFXC identified a need to strengthen the Code's guidance on Settlement Risk.Amendments have been made to place greater emphasis on the usage of payment‐versus‐payment(PVP) settlement ... mechanisms where they are available and to provide more
https://www.rba.gov.au/speeches/2021/pdf/sp-dg-2021-07-27.pdf