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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Box D: Cyber Risk
20 Oct 2018
FSR
– October 2018
Increased use of technology and digital records in banking, such as the introduction of open banking over the coming year, could raise additional cyber risks. ... Examples include the attack and release of altered medical records stored by the World
https://www.rba.gov.au/publications/fsr/2018/oct/box-d.html
Regulatory Developments
10 Apr 2018
FSR
– April 2018
CFR agencies are currently working on the design of a similar legislative framework for FMIs, which will ensure that the relevant resolution agency (the Bank for clearing and settlement facilities, or ... CFR agencies continue to work with their New
https://www.rba.gov.au/publications/fsr/2018/apr/regulatory-developments.html
Financial Stability Review
25 Apr 2023
FSR
- April 2023
PDF
4493KB
https://www.rba.gov.au/publications/fsr/2023/apr/pdf/financial-stability-review-2023-04.pdf
5.4 Focus Topic: Interest Rate Risk
9 Oct 2023
FSR
- October 2023
PDF
276KB
https://www.rba.gov.au/publications/fsr/2023/oct/pdf/08-focus-topic-interest-rate-risk.pdf
Domestic Regulatory Developments
21 Nov 2022
FSR
- October 2021
PDF
120KB
https://www.rba.gov.au/publications/fsr/2021/oct/pdf/04-regulatory-developments.pdf
Developments in the Financial System Architecture
20 Oct 2017
FSR
– October 2017
The revisions recognise that not all correspondent banking relationships bear the same level of risk. ... The simulation involved all CFR agencies and their New Zealand counterparts under the auspices of the Trans-Tasman Council on Banking Supervision
https://www.rba.gov.au/publications/fsr/2017/oct/dev-fin-sys-arch.html
5.4 Focus Topic: Interest Rate Risk
6 Oct 2023
FSR
– October 2023
5.4 Focus Topic: Interest Rate Risk | Financial Stability Review – October 2023
https://www.rba.gov.au/publications/fsr/2023/oct/focus-topic-interest-rate-risk.html
Domestic Regulatory Developments
8 Apr 2022
FSR
– April 2022
CFR agency heads typically meet quarterly; ongoing inter-agency collaboration occurs through a number of working groups, as well as through frequent informal bilateral contact between individual agencies. ... The CFR agencies meet with their New Zealand
https://www.rba.gov.au/publications/fsr/2022/apr/regulatory-developments.html
The Australian Financial System
20 Oct 2017
FSR
– October 2017
It intends to also address the Australian banking system's high concentration of residential mortgages. ... These include in the areas of life insurance, wealth management and, more recently, retail banking.
https://www.rba.gov.au/publications/fsr/2017/oct/aus-fin-sys.html
5.5 Focus Topic: Operational Risk in a Digital World
6 Oct 2023
FSR
– October 2023
5.5 Focus Topic: Operational Risk in a Digital World | Financial Stability Review – October 2023
https://www.rba.gov.au/publications/fsr/2023/oct/focus-topic-operational-risk-in-a-digital-world.html