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Abbreviations

A glossary of relevant terms is available on the Reserve Bank website.1

24/7

24 hours per day, 7 days per week

AAS

Australian Accounting Standards

AASB

Australian Accounting Standards Board

ABF2

Asian Bond Fund 2

ABN

Australian Business Number

AC

Companion of the Order of Australia

ADI

authorised deposit-taking institution

AFP

Australian Federal Police

AFXC

Australian Foreign Exchange Committee

AGS

Australian Government Securities

AM

Member of the Order of Australia

ANAO

Australian National Audit Office

ANU

Australian National University

ANZECG

Australian and New Zealand Econometric Study Group

AO

Officer of the Order of Australia

AOFM

Australian Office of Financial Management

APC

Australian Payments Council

APEC

Asia-Pacific Economic Cooperation

API

Application Programming Interface

APRA

Australian Prudential Regulation Authority

ASIC

Australian Securities and Investments Commission

ASX

Australian Securities Exchange

ATM

automated teller machine

ATO

Australian Taxation Office

AusPayNet

Australian Payments Network

BCBS

Basel Committee on Banking Supervision (of the BIS)

BIS

Bank for International Settlements

BPA

bulk purchase annuity

CAC Act

Commonwealth Authorities and Companies Act 1997 (repealed)

CBD

central business district

CEDA

Committee for Economic Development of Australia

CEPAR

Australian Research Council Centre of Excellence in Population Ageing Research

CFR

Council of Financial Regulators

CHESS

Clearing House Electronic Sub-register System

CLF

Committed Liquidity Facility

CME

Chicago Mercantile Exchange Inc.

CPMI

Committee on Payments and Market Infrastructures (of the BIS)

CPRs

Commonwealth Procurement Rules

CS

clearing and settlement

CSA

credit support annex

DHS

Department of Human Services

EDO

Enterprise Data Office

EMEAP

Executives’ Meeting of East Asia-Pacific Central Banks

eftpos

electronic funds transfer at point of sale

ERG

Employee Resource Group

ES

Exchange Settlement

ESA

Exchange Settlement Account

fintech

financial technology

FMI

financial market infrastructure

FOI

Freedom of Information

FOI Act

Freedom of Information Act 1982

FSAP

Financial Sector Assessment Program (of the IMF)

FSB

Financial Stability Board

FSS

Fast Settlement Service (of RITS)

FTE

full-time equivalent

FX

foreign exchange

G20

Group of Twenty

G-SIB

global systemically important bank

GDP

gross domestic product

GFXC

Global Foreign Exchange Committee

GHOS

Group of Governors and Heads of Supervision

GST

Goods and Services Tax

HQLA

high-quality liquid assets

IMF

International Monetary Fund

IOSCO

International Organization of Securities Commissions

IPS

Information Publication Scheme

ISDA

International Swaps and Derivatives Association

ISO

International Organization for Standardisation

IT

information technology

LCR

Liquidity Coverage Ratio

LIBOR

London Inter-Bank Offered Rate

LVSS

RITS Low Value Settlement Service

MIT

Massachusetts Institute of Technology

MP

member of parliament

NAB

National Australia Bank

NAIDOC

National Aborigines and Islanders Day Observance Committee

NBFI

non-bank financial intermediation

NBS

National Banknote Site

NGFS

Network for Greening the Financial System

NPA

Note Printing Australia Limited

NPP

New Payments Platform

OECD

Organisation for Economic Co-operation and Development

OMO

open market operations

PEXA

Property Exchange Australia Limited

PGPA Act

Public Governance, Performance and Accountability Act 2013

Prospera

Australia Indonesia Partnership for Economic Development

RBA

Reserve Bank of Australia

RBRF

Reserve Bank Reserve Fund

RDP

Research Discussion Paper

repo

repurchase agreement

RITS

Reserve Bank Information and Transfer System

RMBS

residential mortgage-backed securities

RTGS

real-time gross settlement

R&D

research and development

SAR

Special Administrative Region (of China)

SDR

Special Drawing Right

SEACEN

South East Asian Central Banks

Semis

semi-government securities (Australian state and territory government securities)

SWIFT

Society for Worldwide Interbank Financial Telecommunication

UNSW

University of New South Wales

WHS

work health and safety

WHS Act

Work Health and Safety Act 2011

WPIT

Welfare Payment Infrastructure Transformation Program (of DHS)

Footnotes

  1. See https://www.rba.gov.au/glossary