Search: bankruptcy
RBA Glossary definition for bankruptcy
bankruptcy – A legal status, which can be initiated by a creditor or person concerned, whereby the bankrupt's property is vested in a trustee and, with the exception of certain personal and professional property, is available for distribution to creditors.
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The Model
22 Nov 2016
RDP
2016-07
In addition, we do not assume explicit bankruptcy costs; nonetheless, as we will show, default is still welfare reducing because it reduces the effectiveness of the OTC derivatives hedge.
https://www.rba.gov.au/publications/rdp/2016/2016-07/model.html
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Conclusions
1 Nov 1993
RDP
9311
but to reduce the probability of subsequent bankruptcy and loss of their job. ... While we present no direct evidence in support of the view that this recapitalisation (or reliquefication) is an attempt to reduce the cost of external funds and reduce
https://www.rba.gov.au/publications/rdp/1993/9311/conclusions.html
See 3 more results from "RDP 9311"
The International Reform Agenda: Unfinished Business
6 Dec 1999
Speech
Address by Stephen Grenville to the William M. Mercer's Global Investment Forum, Sydney
https://www.rba.gov.au/speeches/1999/sp-dg-061299.html
The International Reform Agenda: Unfinished Business
27 Feb 2001
Bulletin
PDF
75KB
So this is a case forclear rules, accepted by all parties before theevent, just like domestic bankruptcy rules. ... 3. This problem clearly has the potential to arise, also, with domestic bankruptcy procedures.
https://www.rba.gov.au/publications/bulletin/1999/dec/pdf/bu-1299-2.pdf
Discussion on Reforming the International Financial Architecture: Limiting Moral Hazard and Containing Real Hazard | Conference – 1999
9 Aug 1999
Conferences
Either way, recipient countries face the added responsibility of developing legal and administrative frameworks for dealing with bankruptcy. ... Some suggestions, such as standstills, are imperfect attempts to reproduce the mechanisms of domestic
https://www.rba.gov.au/publications/confs/1999/disc-session6.html
An Update on Household Finances
30 Oct 2008
Speech
Speech by Ric Battellino to the 7th ITSA Bankruptcy Congress, Sydney
https://www.rba.gov.au/speeches/2008/sp-dg-301008.html
Recent Proposals for Reform of Sovereign Debt Restructuring
10 Aug 2002
Bulletin
– August 2002
same way as claims of domestic creditors, i.e., through the domestic courts and bankruptcy systems. ... However, there is no international bankruptcy system that sets out the rights of debtors and creditors in such cases.
https://www.rba.gov.au/publications/bulletin/2002/aug/3.html
Recent Trends in Australian Banks' Bond Issuance
10 Mar 2010
Bulletin
– March 2010
Graph 1. Bank bond issuance globally slowed sharply in September and October 2008, amid the renewed disruption to global credit markets following the failure of Lehman Brothers and the near-bankruptcy
https://www.rba.gov.au/publications/bulletin/2010/mar/5.html
An Occasional Address by the Governor
21 Oct 1998
Speech
Address by Ian Macfarlane to the International Conference of Banking Supervisors, Sydney
https://www.rba.gov.au/speeches/1998/sp-gov-211098.html
Payment Systems and Netting Act 1998: Approval of CHESS RTGS Feeder System
24 Nov 2000
Media Releases
The Reserve Bank has declared that the Clearing House Electronic Subregister System (CHESS) is an approved real-time gross settlement (RTGS) system under section 9 of the Payment Systems and Netting Act 1998
https://www.rba.gov.au/media-releases/2000/mr-00-19.html