Search: SCCI
RBA Glossary definition for SCCI
SCCI – Specialist Credit Card Institution
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Introduction
20 Sep 2005
PSB Annual Report
– 2005
The first step in this process was the creation by APRA of a new class of Authorised Deposit-taking Institution (ADI) known as a Specialist Credit Card Institution (SCCI). ... The fourth SCCI is currently seeking membership of the credit card schemes in
https://www.rba.gov.au/publications/annual-reports/psb/2005/introduction.html
Consultation | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations
6 Dec 2013
Consultations
For instance, some commented that their experience with APRA had been open and fair, but constrained by a ‘strict and prescriptive’ SCCI framework. ... The scheme therefore supported revocation of the Access Regimes but retention of the SCCI class of
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/consultation.html
Competition and Efficiency
11 Nov 2004
PSB Annual Report
– 2004
APRA has been working with a number of organisations interested in pursuing SCCI applications. ... Approval as an SCCI will allow these organisations to apply for participation in the credit card schemes under the provisions of the access regime.
https://www.rba.gov.au/publications/annual-reports/psb/2004/competition.html
Retail Payments Policy and Research
12 Sep 2014
PSB Annual Report
– 2014
This will also require the removal of the current SCCI framework, administered by APRA.
https://www.rba.gov.au/publications/annual-reports/psb/2014/ret-pay-policy-research.html
Options | Payment Card Access Regimes: Conclusions – March 2014
9 Mar 2023
the status quo (Option 1). removal of the SCCI framework in conjunction with the imposition of some constraints on the schemes via the Access Regimes (Option 2).
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/201403-impact-stmt/conclusions/options.html
Reasons for a Review of Regulation | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 |…
6 Dec 2013
Consultations
As noted, only two entities have gained SCCI status in Australia since the current access framework was implemented. ... Some have nonetheless indicated that they would pursue SCCI status in order to gain entry.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/reasons-for-review-regulation.html
Background | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations
6 Dec 2013
Consultations
Since the introduction of these arrangements, two entities have gained SCCI status in Australia.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/background.html
Preliminary Assessment | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations
6 Dec 2013
Consultations
As noted elsewhere in this paper, the Access Regimes are interrelated with Banking Regulation 4 and APRA's SCCI regime. ... A number of submissions supported a lighter-touch SCCI framework operated by APRA or another regulator.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/preliminary-assessment.html
Implementation and Conclusion | Payment Card Access Regimes: Conclusions – March 2014
9 Mar 2023
Second, as noted in the previous section, the Bank intends to liaise with APCA to seek to ensure that removal of the SCCI framework does not have adverse consequences for participation
https://www.rba.gov.au/payments-and-infrastructure/credit-cards/201403-impact-stmt/conclusions/implementation-conclusion.html
Abbreviations | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
SCCI. Specialist Credit Card Institution. SG. Superannuation Guarantee. SIFI. Systemically important financial institution.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/abbreviations.html