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RBA Glossary definition for Designation

Designation – The formal notification of action taken to exercise powers conferred by legislation.

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Proposed Merger Between Armaguard and Prosegur

17 Apr 2023 Submissions PDF 228KB
The Reserve Bank also notes the Applicants’ reference to a proposed ministerial designation power as outlined in the Treasury consultation on ‘A Strategic Plan for the Payments System in Australia’ (Strategic ... The Reserve Bank understands that
https://www.rba.gov.au/publications/submissions/payments-system/pdf/proposed-merger-armaguard-and-prosegur-submission-april-2023.pdf

Reforms to the Payment Systems (Regulation) Act 1998 Submission to Senate Economics Legislation Committee - February 2024

15 Apr 2024 Submissions PDF 266KB
objective. • the Ministerial designation power does not extend to enforcement and specific implementation.
https://www.rba.gov.au/publications/submissions/payments-system/reforms-to-the-psra/pdf/reforms-to-the-payment-systems-regulation-feb-2024.pdf

Access Framework | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | Consultations

8 Jun 2012 Consultations
It will therefore be necessary for the industry to provide some clarity about whether the Access Code will reflect the new designation – based on EPAL's Scheme Rules – that has now ... interchange fees standard or access regime, given that the Bank
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/access-framework.html

The Payments System | Supplementary Submission to the Financial System Inquiry – August 2014 | Financial Sector | Submissions

1 Aug 2014 Submissions
While this approach is likely to involve separate designations and standards for individual schemes, consistency and competitive neutrality can still be achieved. ... in the same way as other payment systems, with the option for designation and
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-08/payments-system.html

Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform

12 Jun 2012 Consultations PDF 518KB
Consultation on the Future Regulatory Framework for the EFTPOS System
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/pdf/201206-rev-reg-frmwrk-eftpos-sys-doc.pdf

Submission to the Financial System Inquiry March 2014

10 Nov 2017 Submissions PDF 3041KB
Financial System Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/pdf/financial-system-inquiry-2014-03.pdf

Background and Potential Issues | Review of Card System Access Regimes: A Consultation Document May 2013 | Consultations

28 May 2013 Consultations
Designation’ is the first of a number of steps the Bank must take to exercise its powers over a payment system under the. ... The Bankcard scheme was also designated at the same time but the designation was revoked in April 2006 following the scheme's
https://www.rba.gov.au/publications/consultations/201305-review-card-sys-access-regimes/background-potential-issues.html

Review of Card System Access Regimes: A Consultation Document - May 2013

27 May 2013 Consultations PDF 358KB
Consultation on Card System Access Regimes
https://www.rba.gov.au/publications/consultations/201305-review-card-sys-access-regimes/pdf/201305-review-card-sys-access-regimes.pdf

Interchange Fees Standard | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 |…

8 Jun 2012 Consultations
Given the Bank has imposed a new designation on the EFTPOS system (as newly defined), it is of the view that, if required, the regulation of interchange fees would need to
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/interchange-fees-std.html

Sources and Management of Systemic Risk | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions

1 Mar 2014 Submissions
This recognition motivated their recent designation as domestic systemically important banks (D-SIBs) by the Australian Prudential Regulation Authority (APRA) (Chapter 3). ... The designation of only the four major banks as D-SIBs reflects the
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/sources-and-management-of-systemic-risk.html