Payments System Board Annual Report – 2020 Abbreviations
| ABA | Australian Banking Association |
|---|---|
| ABN | Australian Business Number |
| ABS | Australian Bureau of Statistics |
| ACCC | Australian Competition and Consumer Commission |
| ADI | Authorised deposit-taking institution |
| AML/CTF | Anti-money laundering/counter-terrorism financing |
| APC | Australian Payments Council |
| API | Application programming interface |
| APP | Authorised push payment |
| APRA | Australian Prudential Regulation Authority |
| ARNECC | Australian Registrars' National Electronic Conveyancing Council |
| ASIC | Australian Securities and Investments Commission |
| ASX | Australian Securities Exchange |
| ASXFS | ASX Financial Settlements Pty Limited |
| ASX Clear | ASX Clear Pty Limited |
| ASX Clear (Futures) |
ASX Clear (Futures) Pty Limited |
| ASX Settlement | ASX Settlement Pty Limited |
| ATM | Automated teller machine |
| AUD | Australian Dollar |
| AusPayNet | Australian Payments Network |
| AUSTRAC | Australian Transaction Reports and Analysis Centre |
| Austraclear | Austraclear Limited |
| BETF | Black Economy Taskforce |
| BNPL | Buy now, pay later |
| CAC Act | Commonwealth Authorities and Companies Act 1997 |
| CBDC | Central bank digital currency |
| CCP | Central counterparty |
| CDR | Consumer Data Right |
| CFR | Council of Financial Regulators |
| Chi-X | Chi-X Australia Pty Ltd |
| CME | Chicago Mercantile Exchange Inc. |
| CNP | Card-not-present |
| CLS | CLS Bank International |
| CPMI | Committee on Payments and Market Infrastructures |
| CPS | Consumer Payments Survey |
| CP | Card-present |
| CS | Clearing and settlement |
| DNDC | Dual-network debit card |
| EMEAP | Executives' Meeting of East Asia-Pacific Central Banks |
| ES | Exchange Settlement |
| ETO | Exchange-traded option |
| EUR | Euro |
| FEX | FEX Global Pty Ltd |
| FINMA | Swiss Financial Market Supervisory Authority |
| Fintech | Financial technology |
| FMI | Financial market infrastructure |
| FPS | Faster Payments Service |
| FRA | Forward rate agreements |
| FSB | Financial Stability Board |
| FSS | Fast Settlement Service |
| HVCS | High Value Clearing System |
| IBOR | Interbank offered rate |
| ISO | International Organization for Standardization |
| IOSCO | International Organisation of Securities Commissions |
| IRD | Interest rate derivatives |
| KYC | Know-Your-Customer |
| LCH Ltd | LCH Limited |
| LCR | Least-cost routing |
| MAS | Monetary Authority of Singapore |
| MOU | Memorandum of Understanding |
| MTO | Money transfer operator |
| NPP | New Payments Platform |
| N PPA | NPP Australia Limited |
| NZD | New Zealand Dollar |
| OG | Oversight Group |
| OIS | Overnight index swaps |
| OTC | Over-the-counter |
| PC | Productivity Commission |
| PEXA | Property Exchange Australia Limited |
| PFMI | Principles for Financial Market Infrastructure |
| PGPA Act | Public Governance, Performance and Accountability Act 2013 |
| POC | Proof-of-concept |
| POS | Point of sale |
| PPS | Protected Payments System |
| PSB | Payments System Board |
| RBA | Reserve Bank of Australia |
| Regtech | Regulatory technology |
| RFR | Risk-free rate |
| RITS | Reserve Bank Information and Transfer System |
| RPF | Regulator Performance Framework |
| RTGS | Real-time Gross Settlement |
| SCA | Strong Customer Authentication |
| SIPS | Systemically important payment system |
| SOFR | Secured overnight financing rate |
| SSF | Securities settlement facility |
| SVF | Stored-value facility |
| SWIFT | Society for Worldwide Interbank Financial Telecommunication |
| TDIF | Trusted Digital Identity Framework |
| WGPMI | Working Group on Payments and Market Infrastructures |
| €STR | Euro short-term rate |