Search: RITS
RBA Glossary definition for RITS
RITS – The Reserve Bank Information and Transfer System (RITS) was established in August 1991 and is operated by the Reserve Bank of Australia. RITS is Australia's Real-Time Gross Settlement (RTGS) system, which plays a central role in the Australian payments clearing and settlement system.
RITS is the means by which Exchange Settlement Accounts are accessed and membership is compulsory for all Australian-licensed banks and participants in the Reserve Bank's domestic market operations.
Search Results
RITS Business Hours
9 Mar 2023
Contact information for RITS Members regarding operational assistance or matters relating to the business aspects of RITS and RITS operating hours
https://www.rba.gov.au/payments-and-infrastructure/rits/business-hours.html
Self-assessment of RITS against the Principles | 2013 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
Self-assessment of RITS against the Principles. Download the complete Document 1.3. ... 4.1 Structure and Organisation of RITS. RITS is owned and operated by the Bank and, since it is not operated as a separate legal entity, the management and operation
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2013/assessment.html
Contacts
5 Mar 2024
This page lists phone, fax and email addresses for the Reserve Bank of Australia
https://www.rba.gov.au/contact/
Property Settlement in RITS
18 Mar 2021
Bulletin
– March 2021
Property transactions are among the largest and most significant financial undertakings that many Australians enter into.
https://www.rba.gov.au/publications/bulletin/2021/mar/property-settlement-in-rits.html
Payment Systems and Netting Act 1998: Approval of RITS and Austraclear
29 Oct 1998
Media Releases
The Payments System Board declares the Reserve Bank Information and Transfer System (RITS) and the Austraclear System (otherwise known as FINTRACS) are approved real-time gross settlement (RTGS) systems in terms of the Payment Systems and Netting
https://www.rba.gov.au/media-releases/1998/mr-98-15.html
Assessments of RITS
9 Mar 2023
Listing of publications relating to the assessments of RITS
https://www.rba.gov.au/payments-and-infrastructure/rits/assessments/
RITS regulations
21 Nov 2023
PDF
1234KB
RITS REGULATIONS. RITS REGULATIONS. Issued 6 November 2023 — Effective 20 November 2023 page i. ... ANNEXURE A 68. Terms Applicable to RITS Regulations Repos 68. ANNEXURE B 91.
https://www.rba.gov.au/payments-and-infrastructure/rits/user-doc/pdf/regulations.pdf
Corporate Plan 2023
31 Aug 2023
This corporate plan is prepared for 2023/24 in accordance with section 35(1)(b) of the Public Governance, Performance and Accountability Act 2013, and also covers the reporting periods from 1 July 2023 to 30 June 2024.
https://www.rba.gov.au/about-rba/corporate-plan/2023/
2020 Assessment of the Reserve Bank Information and Transfer System – Material Developments
9 Mar 2023
cut off technology systems operating from that data centre, including those supporting RITS. ... of RITS, between the Bank's Head Office and Business Resumption Site (BRS).
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2020/material-developments.html