Search: systemic risks
RBA Glossary definition for systemic risks
systemic risks – Events which may jeopardise financial system stability and cause harm to the real economy. For example, the Y2K problem was regarded as such a risk. They may include the risk that the failure of one participant in a payments system, or in financial markets generally, to meet their required obligations when due, will cause other participants or financial institutions to be unable to meet their obligations (including settlement obligations in a transfer system) when due. Such a failure may cause significant liquidity or credit problems.
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Safety and Stability
20 Sep 2005
PSB Annual Report
– 2005
The. Corporations Act 2001. , gives the Bank responsibility for assessing clearing and settlement facilities' efforts to reduce systemic risk and to determine standards to ensure that these facilities conduct their affairs ... financial system and to
https://www.rba.gov.au/publications/annual-reports/psb/2005/safety-stability.html
International Financial Cooperation
27 Oct 2022
RBA Annual Report
– October 2022
Another ongoing focus of the FSB has been to strengthen the resilience of the NBFI sector and address systemic risks arising from NBFIs. ... In June 2022, the BCBS released principles for both banks risk management and supervisors practices related to
https://www.rba.gov.au/publications/annual-reports/rba/2022/international-financial-cooperation.html
About the Payments System Board
27 Sep 2023
PSB Annual Report
– September 2023
About the Payments System Board | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/about-the-payments-system-board.html
International Financial Cooperation
17 Oct 2019
RBA Annual Report
– 2019
The Macroprudential Supervision Group focuses on policies designed to address systemic risks arising from the banking sector, especially those posed by G-SIBs. ... The IMF focused on assessing financial sector vulnerabilities and the overall framework
https://www.rba.gov.au/publications/annual-reports/rba/2019/international-financial-cooperation.html
Banking and Payment Services
21 Oct 2021
RBA Annual Report
– 2021
The purpose of the exercise is to identify systemic risks to the integrity and stability of Australia's financial markets. ... levels. The pandemic also had implications for the Reserve Bank's management of operational risks.
https://www.rba.gov.au/publications/annual-reports/rba/2021/banking-and-payment-services.html
Safety and Stability
21 Mar 2002
PSB Annual Report
– 2001
At the same time, a central counterparty concentrates risks in the financial system. ... If these risks are not managed prudently, a central counterparty may be the source of systemic risk in the event of financial market instability or shocks to the
https://www.rba.gov.au/publications/annual-reports/psb/2001/safety-stability.html
Governor's Foreword
21 Oct 2021
PSB Annual Report
– 2021
The Bank is also working with the other agencies of the Council of Financial Regulators on the management of cyber-security risks in the financial sector, including by operators of critical ... The Board welcomes the Australian Government's recent
https://www.rba.gov.au/publications/annual-reports/psb/2021/governors-foreword.html
Reserve Bank of Australia Annual Report 2020 - Our Role
14 Oct 2020
Annual Report
PDF
453KB
The Bank is responsible for promoting overall financial system stability. In the event of a financial system disturbance, the Bank and relevant agencies work to mitigate the risk of systemic consequences.
https://www.rba.gov.au/publications/annual-reports/rba/2020/pdf/our-role.pdf
About the Payments System Board
8 Oct 2023
PSB Annual Report
- 2023
PDF
829KB
https://www.rba.gov.au/publications/annual-reports/psb/2023/pdf/about-the-payments-system-board.pdf
Our People
9 Aug 2023
RBA Annual Report
- 2022
PDF
395KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/our-people.pdf