Assessment of ASX Clearing and Settlement Facilities Abbreviations

ADI authorised deposit-taking institution
AIM additional initial margin
AMO Approved Market Operator
APRA Australian Prudential Regulation Authority
ASIC Australian Securities and Investments Commission
ASXCC ASX Clearing Corporation
BAU business-as-usual
BoE Bank of England
CBPL capital-based position limit
CCMS centralised collateral management service
CCP central counterparty
CEO Chief Executive Officer
CFR Council of Financial Regulators
CHESS Clearing House Electronic Sub-register System
CPMI Committee on Payments and Market Infrastructures
CRO Chief Risk Officer
CRQD Clearing Risk Quantification and Development
CS clearing and settlement
DA Digital Asset
DCS Derivatives Clearing System
DLT distributed-ledger technology
DMC Default Management Committee
DMG Default Management Group
DMRF Default Management and Recovery Framework
DvP delivery-versus-payment
ERICA Enterprise Risk, Internal Audit & Compliance Application
ERM enterprise risk management
ESMA European Securities and Markets Authority
ETO exchange-traded option
FMI financial market infrastructure
FSS Financial Stability Standard(s)
ICC inter-commodity spread concession
IOSCO International Organization of Securities Commissions
IRD interest rate derivatives
KRI key risk indicators
MoU memorandum of understanding
MPOR margin period of risk
NTA net tangible assets
NZD New Zealand dollar
OTA offsetting transaction arrangement
OTC over-the-counter
PFMI Principles for Financial Market Infrastructures
PIRG Participant Incident Response Group
PSNA Payment Systems and Netting Act 1998
RBNZ Reserve Bank of New Zealand
RCC Risk Consultative Committee
RQWG Risk Quantification Working Group
RTGS real-time gross settlement
SPAN Standard Portfolio Analysis of Risk
SSF securities settlement facility
STEL stress test exposure limit
SWIFT Society for Worldwide Interbank Financial Telecommunication
TAS Trade Acceptance Service
TOSC Technology, Operations and Security Committee