Search: agency banking
RBA Glossary definition for agency banking
agency banking – Since 1 July 1999 all Australian Government departments and agencies have been responsible for their own individual banking arrangements. Under devolved banking arrangements, agencies are required to test the services previously provided by the Reserve Bank of Australia (RBA) against what is available from other financial institutions. However, the Australian Government's core account, the Official Public Account, remained with the RBA. A system sweeps balances of Australian Government departments and agencies from their transactional banker to the Official Public Account at the RBA each night.
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Banking and Payment Services
27 Oct 2022
RBA Annual Report
– October 2022
The Bank aims to deliver secure, reliable, cost-effective banking and payment services to the Australian Government and its agencies. ... Currently, the Bank provides transactional banking services to more than 100 Australian Government agencies.
https://www.rba.gov.au/publications/annual-reports/rba/2022/banking-and-payment-services.html
New Payments Platform – Banking Services
9 Mar 2023
New Payments Platform
https://www.rba.gov.au/fin-services/banking/npp.html
Domestic Regulatory Developments
7 Oct 2022
FSR
– October 2022
In conjunction with some non-CFR agencies, it has provided advice to the Australian Government on topics including de-banking, the use of derivatives by superannuation funds, and leverage and risk ... The CFR agencies continue to meet periodically with
https://www.rba.gov.au/publications/fsr/2022/oct/regulatory-developments.html
Bank Branch Trends in Australia and Overseas
10 Nov 1996
Bulletin
– November 1996
Graph 4. Agency figures include agencies staffed by non-bank employees, such as shopkeepers and postmaster s. ... The sharp rise in agencies in 1996 reflects the inclusion of post offices in the agency figures by some banks.
https://www.rba.gov.au/publications/bulletin/1996/nov/1.html
Banking and Payment Services
21 Oct 2021
RBA Annual Report
– 2021
Transactional banking services. The Reserve Bank aims to deliver secure, reliable, cost-effective banking and payment services to the Australian Government and its agencies. ... The Bank currently provides transactional banking services to more than
https://www.rba.gov.au/publications/annual-reports/rba/2021/banking-and-payment-services.html
Appointment of Head of Banking
7 Mar 2022
Media Releases
Michael Plumb has been promoted to Head of Banking at the Reserve Bank of Australia. He will take up the position on 7 March 2022 and will report to Michelle McPhee, Assistant Governor (Business Services).
https://www.rba.gov.au/media-releases/2022/mr-22-06.html
Operational Structure
30 Aug 2023
In particular, it provides banking services to the Australian Government and its agencies as well as to other central banks and is responsible for the distribution of Australia's banknotes. ... Banking Department provides a range of banking services to
https://www.rba.gov.au/about-rba/structure/operational.html
Core Principles for Effective Banking Supervision
10 Dec 1997
Bulletin
– December 1997
Preconditions for effective banking supervision. The first Principle highlights the need for a clear, achievable and consistent framework of objectives and responsibilities for the agencies involved in banking supervision. ... An effective system of
https://www.rba.gov.au/publications/bulletin/1997/dec/1.html
Box E: The 2018 Financial Sector Assessment Program (FSAP) Review of Australia
12 Apr 2019
FSR
– April 2019
Its stress test was nonetheless useful in identifying vulnerabilities in the banking system. ... The results of its liquidity stress test of the banking system prompted the IMF to recommend that the agencies consider encouraging Australian banks to
https://www.rba.gov.au/publications/fsr/2019/apr/box-e.html
Banking and Payment Services
12 Apr 2020
RBA Annual Report
– 2020
public. The Reserve Bank aims to deliver secure and efficient banking and payment arrangements to the Australian Government and its agencies. ... Currently, the Bank provides transactional banking services to over 90 Australian Government agencies.
https://www.rba.gov.au/publications/annual-reports/rba/2020/banking-and-payment-services.html