Our Policies and Statements
This page lists codes, policies and commitments that help govern the operations of the Reserve Bank.
Charters
Board Charters
Board Charters outline the role, responsibilities and composition of the RBA’s boards, detailing how they fulfil their duties under the Reserve Bank Act 1959 and any other applicable legislation.
The Audit and Risk Committee supports the Governance Board, the accountable authority of the Bank, in fulfilling its obligations. This Charter outlines the role, responsibilities and functioning of the Audit and Risk Committee.
Codes of Conduct
Board Members
Members recognise their role in maintaining the RBA’s reputation for integrity and propriety in all respects and agree to adhere to their respective Code of Conduct.
Staff have a responsibility to conduct themselves with a high degree of integrity, to strive for excellence in the work they perform and the outcomes they achieve, and to promote the public interest.
Executives at the Reserve Bank of Australia are held to high standards of accountability. The Executive Accountability Framework outlines where accountability for the Bank's functions and operations lies within the Bank's executive team. These Executives are accountable for the decisions, actions and outcomes in these areas.
Policies
The Exchange Settlement Accounts (ESAs) are the means by which providers of payments services settle obligations that have accrued in the clearing process. This policy outlines the ESA eligibility; and provides additional information on management of an ESA and the application process.
Monetary Policy Board: External Members’ Communications and Public Engagement Policy
Public engagements are a key part of the communication strategy of the Monetary Policy Board. External members’ public communication and engagement are guided by the External Members’ Communications and Public Engagement Policy.
The Reserve Bank of Australia respects the privacy of the individuals who interact with it or whose personal information it collects indirectly, and is committed to protecting the privacy of those individuals. This Policy sets out some key information about the Bank's approach to privacy.
This policy is about managing the Bank's risk environment and taking measures, where necessary, to ensure those risks are contained to acceptable levels. It includes a Risk Appetite Statement.
The Bank is committed to providing all its workers with a safe and healthy place to work, and work practices that do not compromise the health or safety of others including contractors, visitors and members of the public.
Environmental
This Statement spells out the Bank's commitment to the environment.
The Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia (RBA) have published a joint statement on the actions they are taking to ensure financial institutions and the Australian financial system are prepared to respond to the financial risks of climate change.
Legal
The Reserve Bank of Australia consents to the use of reproductions and images or partial images of past and present Australian banknotes that meet certain conditions.
The Reserve Bank of Australia is committed to ensuring that meetings convened by the Bank are conducted in compliance with Australia's competition laws.
Diversity & Inclusion
The Reserve Bank of Australia is committed to being an inclusive organisation. The Bank's AAP sets out the steps it plans to take to remove barriers to full participation at the Bank.
The Reserve Bank of Australia and Note Printing Australia have taken steps to assess and address modern slavery risks in their operations and supply chains.
The staff and management of the Reserve Bank recognise that reconciliation between Aboriginal and Torres Strait Islander peoples and other Australians is the right thing to do. The RAP outlines the Bank's contribution to reconciliation.
The Reserve Bank of Australia is committed to fostering an inclusive and equitable workplace where everyone feels safe, respected, and empowered to build a career.