Search: credit risk/exposure
RBA Glossary definition for credit risk/exposure
credit risk/exposure – The risk that a counterparty will not settle an obligation for full value, either when due or thereafter. In 'exchange-for-value' systems, the risk is generally defined to include replacement risk (the risk of having to replace a contract at a potentially unfavourable price) and principal risk.
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Standard 4: Credit risk | A1.2 ASX Clear (Futures) | 2015/16 Assessment of ASX Clearing and Settlement Facilities
18 May 2023
To manage the additional credit risk exposure arising from offering real-time novation of OTC products, ASX Clear (Futures) places a limit on the interest rate sensitivity of new transactions (currently ... the possibility that novating a single large
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2015-2016/asx-clear-futures/standard-04.html
Standard 20: Disclosure of rules, key policies and procedures, and market data | A1.2 ASX Clear (Futures) | 2015/16 Assessment of ASX…
18 May 2023
A central counterparty's rules, policies and procedures should clearly identify the point in the clearing process at which the central counterparty assumes the risk exposure. ... at which ASX Clear (Futures) assumes the risk exposure of a trade (see CCP
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2015-2016/asx-clear-futures/standard-20.html
Standard 21: Regulatory reporting | A1.2 ASX Clear (Futures) | 2015/16 Assessment of ASX Clearing and Settlement Facilities
18 May 2023
The Bank expects to be notified immediately of any significant developments in ASX Clear (Futures)' risk exposure; for example, if ASX Clear (Futures) has reason to believe that a participant default ... periodic activity, risk and operational data, as
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2015-2016/asx-clear-futures/standard-21.html
Standard 15: Custody and investment risks | A1.2 ASX Clear (Futures) | 2015/16 Assessment of ASX Clearing and Settlement Facilities
18 May 2023
Intragroup arrangements allow ASX Clear (Futures) to fully understand the nature of its risk exposure to ASXCC and other group entities such as Austraclear (for safekeeping of AUD-denominated debt securities). ... This exposure is managed within the
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2015-2016/asx-clear-futures/standard-15.html
Financial Stability Review
25 Apr 2023
FSR
- April 2023
PDF
4493KB
https://www.rba.gov.au/publications/fsr/2023/apr/pdf/financial-stability-review-2023-04.pdf
Box A: Recent International Bank Failures – Causes, Regulatory Responses and Implications
25 Apr 2023
FSR
- April 2023
PDF
454KB
https://www.rba.gov.au/publications/fsr/2023/apr/pdf/box-a-recent-international-bank-failures-causes-regulatory-responses-and-implications.pdf
Box A: Recent International Bank Failures – Causes, Regulatory Responses and Implications
6 Apr 2023
FSR
– April 2023
Box A: Recent International Bank Failures – Causes, Regulatory Responses and Implications | Financial Stability Review – April 2023
https://www.rba.gov.au/publications/fsr/2023/apr/box-a-recent-international-bank-failures-causes-regulatory-responses-and-implications.html
Reassessing the Costs and Benefits of Centrally Clearing the Australian Bond Market
16 Mar 2023
Bulletin
– March 2023
This article considers the costs and benefits of centrally clearing the Australian bond market, in light of developments in the market since the Reserve Bank’s last review in 2015.
https://www.rba.gov.au/publications/bulletin/2023/mar/reassessing-the-costs-and-benefits-of-centrally-clearing-the-australian-bond-market.html
Reassessing the Costs and Benefits of Centrally Clearing the Australian Bond Market
15 Mar 2023
Bulletin
- March 2023
PDF
506KB
https://www.rba.gov.au/publications/bulletin/2023/mar/pdf/reassessing-the-costs-and-benefits-of-centrally-clearing-the-australian-bond-market.pdf
December: 1997-Glossary
9 Mar 2023
Media Release
the currency purchased is received with finality (see credit risk/exposure and foreign exchange settlement risk). ... The resulting exposure is the cost of replacing, at current market prices, the original transaction (see credit risk/exposure and market
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/annex-e.html