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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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
RESERVE BANK OF AUSTRALIA FOREIGN EXCHANGE SETTLEMENTPRACTICES IN AUSTRALIA ...
18 Dec 1997
Media Release
PDF
268KB
It is important to note that this definition is designed to address the size andduration of the credit exposure that can arise during the foreign exchange settlementprocess. ... This is a significant on-going credit risk, representing a sumequivalent to
https://www.rba.gov.au/media-releases/1997/pdf/fxsp.pdf
Reform of Credit Card Schemes in Australia – Access Regime
23 Feb 2004
Media Releases
Announcement that the RBA has imposed an Access Regime on each of the three designated credit card schemes in Australia. The Access Regime completes implementation of the Reserve Bank's package of reforms to promote efficiency and competition in the
https://www.rba.gov.au/media-releases/2004/mr-04-02.html
Reform of Credit Card Schemes in Australia
27 Aug 2002
Media Releases
Announcement of the final decisions on the Reform of Credit Card Schemes in Australia
https://www.rba.gov.au/media-releases/2002/mr-02-15.html
Designation of Credit Card Schemes in Australia
12 Apr 2001
Media Releases
Following a decision by the Payments System Board, the Reserve Bank has today brought credit card schemes in Australia under its regulatory oversight
https://www.rba.gov.au/media-releases/2001/mr-01-09.html
Reform of Credit Card Schemes in Australia – Access Regime
24 Jul 2003
Media Releases
Announces that the RBA is allowing further public comment on its revised access regime for the credit card market. Submissions on new prudential standards released by the Australian Prudential Authority on 23 July 2003 would be accepted until 12
https://www.rba.gov.au/media-releases/2003/mr-03-09.html
Reform of Credit Card Schemes in Australia
14 Dec 2001
Media Releases
The Reserve Bank of Australia has released, for public discussion, a Consultation Document outlining proposed reforms to credit card schemes in Australia
https://www.rba.gov.au/media-releases/2001/mr-01-25.html
Reform of Credit Card Schemes in Australia
1 Jul 2003
Media Releases
Release of new regulations to accompany reforms to the credit card market and protect participants from price-fixing action under the Trade Practices Act
https://www.rba.gov.au/media-releases/2003/mr-03-08.html
Reform of Credit Card Schemes in Australia
18 Mar 2002
Media Releases
Submissions from credit card schemes, banks and other deposit-taking institutions on the proposed reforms to credit card schemes in Australia
https://www.rba.gov.au/media-releases/2002/mr-02-07.html
Reform of Credit Card Schemes in Australia
19 Sep 2003
Media Releases
Announces that the RBA welcomes today's decision by the Federal Court which dismissed an application by Visa International and MasterCard International challenging credit card reforms. The Court's decision clears the way for the final implementation
https://www.rba.gov.au/media-releases/2003/mr-03-12.html