Reserve Bank of Australia Annual Report – 2020 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 |
| ACCC | Australian Competition and Consumer Commission |
| ACT | Australian Capital Territory |
| ADI | authorised deposit-taking institution |
| AFP | Australian Federal Police |
| AFSL | Australian Financial Services Licence |
| 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 |
| 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 |
| ASXFS | ASX Financial Settlements |
| ATM | automated teller machine |
| ATO | Australian Taxation Office |
| AusPayNet | Australian Payments Network |
| BA | Bachelor of Arts |
| BCBS | Basel Committee on Banking Supervision (of the BIS) |
| BIS | Bank for International Settlements |
| BPA | bulk purchase annuity |
| BRS | Business Resumption Site |
| CAC Act | Commonwealth Authorities and Companies Act 1997 (repealed) |
| CCPs | central counterparties |
| 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. |
| COVID-19 | Coronavirus disease |
| CPMI | Committee on Payments and Market Infrastructures (of the BIS) |
| CPRs | Commonwealth Procurement Rules |
| CS | clearing and settlement |
| CSA | credit support annex |
| EAP | Employee Assistance Program |
| EDO | Enterprise Data Office |
| EFS | Economic and Financial Statistics |
| 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 |
| ESP | Economic Support Payments |
| FINMA | Swiss Financial Market Supervisory Authority |
| 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 |
| GFC | Global Financial Crisis |
| GFXC | Global Foreign Exchange Committee |
| GST | Goods and Services Tax |
| HQLA | high-quality liquid assets |
| IAT | Incident Assessment Team |
| 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 |
| KRW | Korean won |
| LCR | Liquidity Coverage Ratio |
| LED | light emitting diode |
| LGBTI | lesbian, gay, bisexual, transgender and intersex |
| LIBOR | London Inter-Bank Offered Rate |
| LLB | Bachelor of Laws |
| LVSS | RITS Low Value Settlement Service |
| MBA | Master of Business Administration |
| MFSC | Monetary and Financial Stability Committee (of EMEAP) |
| MIT | Massachusetts Institute of Technology |
| MP | member of parliament |
| NAB | National Australia Bank |
| NABERS | National Australian Built Environment Ratings System |
| NAIDOC | National Aborigines and Islanders Day Observance Committee |
| NBS | National Banknote Site |
| NGFS | Network for Greening the Financial System |
| NPA | Note Printing Australia Limited |
| NPP | New Payments Platform |
| NPPA | NPP Australia Limited |
| NSW | New South Wales |
| OECD | Organisation for Economic Cooperation and Development |
| OAM | Medal of the Order of Australia |
| OMO | open market operations |
| PEXA | Property Exchange Australia Limited |
| PFMI | Principles for Financial Market Infrastructures |
| PGPA Act | Public Governance, Performance and Accountability Act 2013 |
| PGPA Rule | Public Governance, Performance and Accountability Rule 2014 |
| PhD | Doctor of Philosophy |
| Prospera | Australia Indonesia Partnership for Economic Development |
| PSM | Public Service Medal |
| RAP | Reconciliation Action Plan |
| 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) |
| TFF | Term Funding Facility |
| TTBC | Trans-Tasman Council on Banking Supervision |
| SWIFT | Society for Worldwide Interbank Financial Telecommunication |
| UK | United Kingdom |
| UNSW | University of New South Wales |
| US | United States |
| WA | Western Australia |
| WHS | work health and safety |
| WHS Act | Work Health and Safety Act 2011 |
| WPIT | Welfare Payment Infrastructure Transformation Program (of Services Australia) |