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.
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Australian CBDC Pilot for Digital Finance Innovation - Project Report
22 Aug 2023
PDF
1917KB
Australian CBDC Pilot for Digital Finance Innovation. PROJECT REPORTAUGUST 2023. 3 Executive Summary. 11 Introduction. 12 Pilot Set-up. 16 Use Case Findings. 26 Legal and Regulatory Findings. 29 Technical Findings. 32 Conclusion. 33 Glossary. 37
https://www.rba.gov.au/payments-and-infrastructure/central-bank-digital-currency/pdf/australian-cbdc-pilot-for-digital-finance-innovation-project-report.pdf
2014/15 Assessment of ASX Clearing and Settlement Facilities
17 Aug 2023
2014/15 assessment report for ASX Clearing and Settlement Facilities
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2014-2015/
Assessment of Clearing and Settlement Facilities against the Financial Stability Standards | 2014/15 Assessment of ASX Clearing and…
17 Aug 2023
2014/15 Assessment of ASX Clearing and Settlement Facilities 3. Assessment of Clearing and Settlement Facilities against the Financial Stability Standards. 3.1 Introduction to the ASX Clearing and Settlement Facilities. The ASX Group operates four
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2014-2015/assessment-of-clearing-and-settlement-facilities-against-the-financial-stability-standards.html
Abbreviations | 2014/15 Assessment of ASX Clearing and Settlement Facilities
17 Aug 2023
PSR. price scanning range. PvP. payment versus payment. RITS. Reserve Bank Information and Transfer System.
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2014-2015/abbreviations.html
A2.2 Austraclear | 2014/15 Assessment of ASX Clearing and Settlement Facilities
17 Aug 2023
The finality of settlements undertaken by Austraclear is protected by its approval, and the approval of the Reserve Bank Information and Transfer System (RITS), as an RTGS system under Part 2 ... the approval of RITS as an RTGS system under Part 2 of the
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2014-2015/appendix-a2-2-austraclear.html
A1. Financial Stability Standards for Central Counterparties | 2014/15 Assessment of ASX Clearing and Settlement Facilities
17 Aug 2023
Any interbank transactions arising from these settlements are settled in real time in the Reserve Bank Information and Transfer System (RITS), across Exchange Settlement Accounts (ESAs) held with the Bank. ... Finality of funds transfers in RITS is again
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
A1.2 ASX Clear (Futures) | 2014/15 Assessment of ASX Clearing and Settlement Facilities
17 Aug 2023
2014/15 Assessment of ASX Clearing and Settlement Facilities
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2014-2015/appendix-a1-2-asx-clear-futures.html
A2. Financial Stability Standards for Securities Settlement Facilities | 2014/15 Assessment of ASX Clearing and Settlement Facilities
17 Aug 2023
by the approval of the Reserve Bank Information and Transfer System (RITS) as a real-time gross settlement (RTGS) system under Part 2 of the PSNA (see SSF Standard 1.5). ... the approval of RITS as an RTGS system under Part 2 of the PSNA (see SSF
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
Competition Law Guidance
10 Aug 2023
The Code of Conduct for Reserve Bank Staff sets out the Bank's requirements of its employees and others who are involved in its activities
https://www.rba.gov.au/about-rba/our-policies/competition-law-guidance.html
Competition Law Guidance
10 Aug 2023
PDF
740KB
June 2023. General Guidance The RBA convenes Australian Foreign Exchange Committee (“AFXC”) meetings, Reserve Bank Information and Transfer System (“RITS”) User Group forums and other meetings of financial institutions and other
https://www.rba.gov.au/about-rba/our-policies/pdf/competition-law-guidance.pdf