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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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
Risk Management
27 Oct 2022
RBA Annual Report
– October 2022
However, this risk is mitigated because the issuing trust is bankruptcy remote,.
https://www.rba.gov.au/publications/annual-reports/rba/2022/risk-management.html
Risk Management
12 Apr 2020
RBA Annual Report
– 2020
However, this risk is mitigated because the issuing trust is bankruptcy remote, the securities must be rated AAA and they attract a relatively high margin. ... Footnotes. An internal RMBS is a bankruptcy-remote trust set up by an ADI which contains
https://www.rba.gov.au/publications/annual-reports/rba/2020/risk-management.html
Performance of Australia's Payments Infrastructure during the Market Turbulence
2 Oct 2009
PSB Annual Report
– 2009
As Lehman Brothers participated only indirectly in the Australian central counterparties and equity settlement facility, the bankruptcy of its US parent did not result in any direct exposures for the facilities ... Between 15 September (when Lehman
https://www.rba.gov.au/publications/annual-reports/psb/2009/performance.html
The Role of the Board
1 Oct 1999
PSB Annual Report
– 1999
under the so-called ‘zero hour’ rule, a court may date the bankruptcy of an institution from the midnight before the bankruptcy order is made. ... This is convenient and efficient, but carries the risk that in the event of the bankruptcy of one of
https://www.rba.gov.au/publications/annual-reports/psb/1999/role-board.html
Other Regulatory Responsibilities
25 Oct 2010
PSB Annual Report
– 2010
Under this rule, a court may date the bankruptcy of an institution from the midnight before the bankruptcy order was made; transactions settled between midnight and the time of the bankruptcy
https://www.rba.gov.au/publications/annual-reports/psb/2010/reg-response.html
Risk Management
21 Oct 2021
RBA Annual Report
– 2021
However, this risk is mitigated because the issuing trust is bankruptcy remote,.
https://www.rba.gov.au/publications/annual-reports/rba/2021/risk-management.html
Operations in Financial Markets
25 Sep 2017
RBA Annual Report
– 2017
To collateralise these open repos, the Bank has permitted the use of certain related-party assets issued by bankruptcy remote vehicles, such as self-securitised residential mortgage-backed securities (RMBS). ... Self-securitised RMBS used in open repos
https://www.rba.gov.au/publications/annual-reports/rba/2017/operations-in-financial-markets.html
International Financial Co-operation
21 Aug 2002
RBA Annual Report
– 2002
That report canvassed the possibility of an international bankruptcy court and urged the widespread introduction of collective action clauses (CACs) in bonds. ... The idea of an international bankruptcy court foundered on the belief that it would be too
https://www.rba.gov.au/publications/annual-reports/rba/2002/intl-fin-coop.html
Operations in Financial Markets
21 Oct 2021
RBA Annual Report
– 2021
To collateralise these open repos, the Bank permits the use of certain related-party assets issued by bankruptcy remote vehicles, such as self-securitised residential mortgage-backed securities (RMBS).
https://www.rba.gov.au/publications/annual-reports/rba/2021/operations-in-financial-markets.html