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
List of tables
10 Mar 2009
FSR
– March 2009
Table 8: RITS Throughput. Time by which each percentage of total value is settled.
https://www.rba.gov.au/publications/fsr/2009/mar/tables.html
5.5 Abbreviations
19 Oct 2023
RBA Annual Report
– 2023
FSS. Fast Settlement Service (of RITS). FTE. full-time equivalent. FX. foreign exchange. ... RDP. Research Discussion Paper. repo. repurchase agreement. RITS. Reserve Bank Information and Transfer System.
https://www.rba.gov.au/publications/annual-reports/rba/2023/abbreviations.html
Developments since the 2005 Assessment | 2009 Self-assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
RITS' business continuity arrangements have been enhanced substantially over the past four years. ... The IMF also recommended that the Reserve Bank consider reviewing pricing in RITS.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2009/developments.html
1.1 Our Role
19 Oct 2023
RBA Annual Report
– October 2023
Our Role | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/our-role.html
Appendix A: Background Information | 2021 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
A.3 Governance and Oversight. RITS is owned and operated by the Bank. ... RITS also has features that allow members to efficiently manage and conserve liquidity.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2021/appendix-a.html
Appointment of Head of Payments Settlements Department
6 Nov 2023
Media Releases
Sarah Harris has been appointed to the position of Head of Payments Settlements at the Reserve Bank of Australia.
https://www.rba.gov.au/media-releases/2023/mr-23-29.html
2018 Assessment of the Reserve Bank Information and Transfer System – Material Developments
9 Mar 2023
The RITS Regulations form the legal basis for all key aspects of RITS. ... The RITS Membership Agreement binds RITS members and the Bank to the RITS Regulations.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2018/material-developments.html
Appendix A: Background Information | 2022 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
A.3 Governance and Oversight. RITS is owned and operated by the Bank. ... RITS also has features that allow members to efficiently manage and conserve liquidity.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2022/appendix-a.html
Overview Of Batch Settlement in RITS | Enhanced Batch Processing in RITS – January 2020
9 Mar 2023
Enhanced Batch Processing in RITS – January 2020 2. Overview Of Batch Settlement In RITS. ... For a Member, this figure would be its net position to be settled across RITS.
https://www.rba.gov.au/payments-and-infrastructure/rits/information-papers/enhanced-batch-processing-in-rits/overview.html
Material Developments | 2017 Assessment of the Reserve Bank Information and Transfer System
9 Mar 2023
The RITS Regulations form the legal basis for all material aspects of RITS. ... The RITS Membership Agreement binds RITS members and the Bank to the RITS Regulations.
https://www.rba.gov.au/payments-and-infrastructure/rits/self-assessments/2017/material-developments.html