2017 Assessment of the Reserve Bank Information and Transfer System Abbreviations

2hRTO Two-hour Recovery Time Objective
ABS Asset-backed Securities
ADI Authorised deposit-taking institution
AFMA Australian Financial Markets Association
ANAO Australian National Audit Office
APRA Australian Prudential Regulation Authority
ASIC Australian Securities and Investments Commission
ASX Australian Stock Exchange
CCP Central counterparty
CHESS Clearing House Electronic Sub-register System
CLS CLS Bank International
CPMI Committee on Payments and Market Infrastructures (formerly CPSS)
CS Clearing and settlement
DE Direct entry
EPMO Enterprise Project Management Office
ESA Exchange Settlement Account
FMI Financial market infrastructure
FSS Fast Settlement Service
GMRA Global Master Repurchase Agreement
HVCS High Value Clearing System
ICMA International Capital Market Association
ICS Initial Convenience Service
IOSCO International Organization of Securities Commissions
LCH LCH.Clearnet Limited
LVSS Low Value Settlement Service
NPP New Payments Platform
OMO Open Market Operation
PDS Payment Delivery System
PEXA Property Exchange Australia Ltd
PPS Protected Payments System
PSNA Payment Systems and Netting Act 1998
RITS Reserve Bank Information and Transfer System
RTGS Real-time gross settlement
SIFMA Securities Industry and Financial Markets Association
SSF Securities settlement facility
SSF Standards Financial Stability Standards for Securities Settlement Facilities
SWIFT Society for Worldwide Interbank Financial Telecommunication