Search: PvP
RBA Glossary definition for PvP
PvP – Payment-versus-Payment
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A1. Financial Stability Standards for Central Counterparties | 2014/15 Assessment of ASX Clearing and Settlement Facilities
17 Aug 2023
2014/15 Assessment of ASX Clearing and Settlement Facilities A1. Financial Stability Standards for Central Counterparties. The Financial Stability Standards for Central Counterparties (CCP Standards) are made up of 21 headline standards, each of
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2014-2015/appendix-a1-financial-stability-standards-for-central-counterparties.html
Bulletin March Quarter 2023
8 Jun 2023
Bulletin
- March 2023
PDF
7038KB
https://www.rba.gov.au/publications/bulletin/2023/mar/pdf/bulletin-2023-03.pdf
Standard 11: Exchange-of-value settlements | A1.2 ASX Clear (Futures) | 2015/16 Assessment of ASX Clearing and Settlement Facilities
18 May 2023
or payment versus payment (PvP) settlement mechanism.
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2015-2016/asx-clear-futures/standard-11.html
Developments in Foreign Exchange and Over-the-counter Derivatives Markets
16 Mar 2023
Bulletin
– March 2023
This article discusses the key results from the 2022 Triennial Central Bank Survey of Foreign Exchange and Over-the-counter Derivatives Markets.
https://www.rba.gov.au/publications/bulletin/2023/mar/developments-in-foreign-exchange-and-over-the-counter-derivatives-markets.html
Developments in Foreign Exchange and Over-the-counter Derivatives Markets
15 Mar 2023
Bulletin
- March 2023
PDF
1143KB
https://www.rba.gov.au/publications/bulletin/2023/mar/pdf/developments-in-foreign-exchange-and-over-the-counter-derivatives-markets.pdf
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
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
General Background | 2009 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
Footnotes. CLS Bank is a bank chartered in the United States that is used by global financial market participants, including in Australia, to effect payment-versus-payment (PvP) settlement in the ... In offering PvP settlement, CLS is specifically
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2009/background.html
Standard 10: Exchange-of-Value Settlement Systems | Financial Stability Standards for Securities Settlement Facilities – December 2012
9 Mar 2023
A securities settlement facility should eliminate or mitigate these risks through the use of an appropriate DvP, DvD or PvP settlement mechanism. ... the other through an appropriate delivery versus payment (DvP), delivery versus delivery (DvD) or
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/standards/securities-settlement-facilities/2012/standard-10.html
Standard 11: Exchange-of-value Settlements | Financial Stability Standards for Central Counterparties December 2012
9 Mar 2023
A central counterparty should eliminate or mitigate these risks by ensuring that it uses an appropriate DvP, DvD or PvP settlement mechanism. ... 11.1.2 DvP (or PvP or DvD) should be achieved for all linked obligations cleared by a central counterparty.
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/standards/central-counterparties/2012/standard-11.html