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
Continuous Linked Settlement: RITS Session Times and Operational Arrangements – July 2015
9 Mar 2023
The CLS settlement process takes place during the European morning (i.e. the Australian late afternoon/evening), during which time RITS and other participating RTGS systems must be open. This information paper outlines RITS session times and
https://www.rba.gov.au/payments-and-infrastructure/rits/information-papers/cls-rits-session-times-and-operational-arrangements/
Payments & Infrastructure
9 Mar 2023
REFORMS: Credit Cards; Debit Cards; The ATM System; ATM Fee Reforms; Review of Card Payment Systems Reforms; Account Switching; POLICY FRAMEWORK: Payments System Board; Core Principles for Systemically Important Payment Systems; Standards for
https://www.rba.gov.au/payments-and-infrastructure/
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
Targeted Assessment of the Reserve Bank Information and Transfer System - May 2023
29 May 2023
Targeted Assessment of the Reserve Bank Information and Transfer System May 2023. Download the complete Document 314. KB. This report presents the Bank's 2023 Targeted Assessment of the Reserve Bank Information and Transfer System – Australia's
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2023/
Exchange Settlement Account Policy
9 Mar 2023
The Reserve Bank of Australia's Exchange Settlement Account Policy
https://www.rba.gov.au/payments-and-infrastructure/esa/
2013 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
2013 Self-assessment of the Reserve Bank Information and Transfer System December 2013. Download the complete Document 1.3. MB. ISSN 2203-2592 (Online). The materials on this webpage are subject to copyright and their use is subject to the terms and
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2013/
Details of Session Times | Continuous Linked Settlement: RITS Session Times and Operational Arrangements – July 2015
9 Mar 2023
CET. AEST. AEDT. Event. 21:30. 07:30. Start of RITS Morning Settlement Session (AEDT). ... Start RITS Interim Session, i.e. RITS settlements suspended (AEDT). 07:20. 17:20.
https://www.rba.gov.au/payments-and-infrastructure/rits/information-papers/cls-rits-session-times-and-operational-arrangements/details-of-session-times.html
2.3 Banking and Payment Services
19 Oct 2023
RBA Annual Report
– October 2023
Banking and Payment Services | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/banking-and-payment-services.html
3.3 Risk Management
19 Oct 2023
RBA Annual Report
– October 2023
Risk Management | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/risk-management.html
Eligible Counterparties
5 Jun 2020
carry on business as a member and comply with the terms set out in the RITS regulations. ... The legal entity that holds the Austraclear membership must be the same legal entity that holds the RITS membership.
https://www.rba.gov.au/mkt-operations/resources/tech-notes/eligible-counterparties.html