Search: solvent institutions
RBA Glossary definition for solvent institutions
solvent institutions – Institutions that maintain solvency (i.e. they can meet their financial obligations as they fall due).
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December: 1997-Glossary
9 Mar 2023
Media Release
a list of defined events, such as the appointment of a liquidator to that institution (see netting by novation and obligation netting). ... This failure may leave the solvent party with an unhedged or open market position or deny the solvent party
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/annex-e.html
Attachment 2 | 2006/07 Assessment
9 Mar 2023
This is convenient and efficient, but carries the risk that where a participant enters external administration, its administrator might ‘cherry pick’ and insist that solvent institutions meet their gross obligations to ... Solvent parties would then
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2006-2007/attachment2.html
New Payments Platform Functionality and Access: Consultation
9 Mar 2023
Overview of the New Payments Platform
https://www.rba.gov.au/payments-and-infrastructure/new-payments-platform/functionality-and-access-consultation.html
Standard 4: Credit Risk | Appendix B1.2 ASX Clear (Futures) | 2012/13 Assessment of ASX Clearing and Settlement Facilities
9 Mar 2023
Participants may meet these obligations using cash or non-cash collateral, including Australian Government securities and bank bills or negotiable certificates of deposit from authorised deposit-taking institutions (ADIs). ... ASX Limited has also
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2012-2013/asx-clear-futures/standard-04.html
Standard 12: Participant Default Rules and Procedures | Appendix B1.2 ASX Clear (Futures) | 2012/13 Assessment of ASX Clearing and…
9 Mar 2023
ASX's documented replenishment intentions canvass several options, including the injection of additional funds from within the ASX Group, from participants or from third-party institutions. ... solvent. For its part, the Bank would require that any
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2012-2013/asx-clear-futures/standard-12.html
A1. Details Supporting Assessment of Central Counterparties | Assessment of ASX Clearing and Settlement (CS) Facilities against the…
9 Mar 2023
Close-out netting rights are a prerequisite for participants that are authorised deposit-taking institutions (ADIs) to apply capital requirements to their net (rather than gross) trade exposures to CCPs, and
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/principles/assessment-against-principles/asx/2014/appendix-a1-1.html
June 2013 | Assessment against the Financial Stability Standards for Central Counterparties of LCH.Clearnet Limited's SwapClear Service
9 Mar 2023
solvent. Should this situation occur, LCH will calculate a net obligation between LCH and each non-defaulting SwapClear participant. ... LCH additionally requires that each SwapClear participant have, within its corporate group, at least one credit
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/lch/2013/lch-assess-2013-06.html
Standard 4: Credit Risk | Appendix B1.1 ASX Clear | 2012/13 Assessment of ASX Clearing and Settlement Facilities
9 Mar 2023
as a transitional measure over the first three years of cash equity margining, through the provision of a bank guarantee from an approved authorised deposit-taking institution (ADI). ... ASX Limited has also committed to maintaining a certain level of
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/clearing-and-settlement-facilities/assessments/2012-2013/asx-clear/standard-04.html
A1.2 ASX Clear (Futures) | Assessment of ASX Clearing and Settlement (CS) Facilities against the Principles for Financial Market…
9 Mar 2023
Close-out netting rights are a prerequisite for participants that are authorised deposit-taking institutions (ADIs) to apply capital requirements to their net (rather than gross) trade exposures to CCPs, and
https://www.rba.gov.au/payments-and-infrastructure/financial-market-infrastructure/principles/assessment-against-principles/asx/2014/appendix-a1-2.html
2. The Development and Initial Operations of the NPP | NPP Functionality and Access Consultation: Conclusions Paper
9 Mar 2023
Identified institutions are able to offer their customers NPP payment services, with the payments cleared and settled on behalf of the identified institution by the sponsoring direct participant (which may, for ... A commercial arrangement is required
https://www.rba.gov.au/payments-and-infrastructure/new-payments-platform/functionality-and-access-report/the-development-and-initial-operations-of-the-npp.html