Search: PvP
RBA Glossary definition for PvP
PvP – Payment-versus-Payment
Search Results
List of tables
13 Sep 2007
PSB Annual Report
– 2007
Other PvP. 38. 1. 0. 0. Total settlement obligations. 3,821. 100. ... CLS (PvP). 55. 55. 58. 62. 54. 58. 58. Correspondent banking.
https://www.rba.gov.au/publications/annual-reports/psb/2007/tables.html
Glossary of Terms and Abbreviations
24 Mar 2003
PSB Annual Report
– 2002
OCH. Options Clearing House. PvP. Payment-versus-Payment. RTGS (real-time gross settlement). a payment system in which processing and settlement take place in real time (continuously).
https://www.rba.gov.au/publications/annual-reports/psb/2002/glossary.html
Abbreviations
2 Oct 2013
PSB Annual Report
– 2013
PvP. Payment-versus-payment. RBA. Reserve Bank of Australia. RITS. Reserve Bank Information and Transfer System.
https://www.rba.gov.au/publications/annual-reports/psb/2013/abbreviations.html
Oversight of High-value Payments Systems
10 Sep 2012
PSB Annual Report
– 2012
Any potential disruption to these flows, or to its PvP arrangements, could have implications for the smooth functioning of RITS, and indeed the wider Australian financial system. ... These settle on a PvP basis across accounts in CLS. Under this process,
https://www.rba.gov.au/publications/annual-reports/psb/2012/oversight-high-value.html
Glossary of Terms and Abbreviations
21 Mar 2002
PSB Annual Report
– 2001
IOSCO. International Organisation of Securities Commissions. OCH. Options Clearing House. PvP.
https://www.rba.gov.au/publications/annual-reports/psb/2001/glossary.html
Ongoing Regulatory Responsibilities
13 Sep 2007
PSB Annual Report
– 2007
payment-versus-payment (PvP) settlement (where both currencies are settled simultaneously) prior to the establishment of CLS Bank. ... During 2006/07, the international community of central banks considered proposals by CLS Bank to expand its business
https://www.rba.gov.au/publications/annual-reports/psb/2007/reg-response.html
Performance of Australia's Payments Infrastructure during the Market Turbulence
2 Oct 2009
PSB Annual Report
– 2009
CLS Bank provides a settlement facility used by global financial market participants, including those in Australia, to effect payment-versus-payment (PvP) settlement in the foreign exchange market.
https://www.rba.gov.au/publications/annual-reports/psb/2009/performance.html
Oversight of High-value Payment Systems
2 Oct 2013
PSB Annual Report
– 2013
These transactions are settled on a payment-versus-payment (PvP) basis, thereby eliminating foreign exchange settlement risk (the risk that one party settles its obligation, while the other subsequently does not).
https://www.rba.gov.au/publications/annual-reports/psb/2013/oversight-high-value.html
The Australian Financial System
10 Mar 2009
FSR
– March 2009
An increased focus on counterparty credit risk has underscored the rationale for having introduced a payment-versus-payment (PvP) settlement system for the foreign exchange market. ... In offering PvP settlement, CLS is specifically designed to manage
https://www.rba.gov.au/publications/fsr/2009/mar/aus-fin-sys.html
Safety and Stability
21 Mar 2002
PSB Annual Report
– 2001
Settlement risk can only be completely removed, however, through a ‘payment-versus-payment’ (PvP) mechanism under which banks pay away currencies only if they are guaranteed to receive the counterpart funds.
https://www.rba.gov.au/publications/annual-reports/psb/2001/safety-stability.html