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RBA Glossary definition for LCR

LCR – Liquidity Coverage Ratio

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Submission for the Review of Retail Payments Regulation

11 Feb 2020 DOCX 33KB
Least cost routing should really be least cost for consumers, but it may not always be the case. ... Q4: How do stakeholders assess the functioning to date of least-cost routing (LCR) of contactless debit card payments?
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/liron-lightwood.DOCX

Retail Payments Regulation and Policy Issues

15 Oct 2020 PSB Annual Report – 2020
Given the rapid growth in the use of cards, the Board has continued to focus on holding down the cost of card payments, including by encouraging the provision of least-cost ... routing (LCR) functionality and monitoring the effectiveness of and
https://www.rba.gov.au/publications/annual-reports/psb/2020/retail-payments-regulation-and-policy-issues.html

About the Payments System Board

27 Sep 2023 PSB Annual Report – September 2023
About the Payments System Board | Payments System Board Annual Report – September 2023
https://www.rba.gov.au/publications/annual-reports/psb/2023/about-the-payments-system-board.html

Retail Payments Regulation and Policy Issues

21 Oct 2021 PSB Annual Report – 2021
The Review has addressed a range of payments policy issues, including: how to support dual-network debit card (DNDC) issuance and the provision of least-cost routing (LCR); the levels of ... types of cross-border payment services face at least some of
https://www.rba.gov.au/publications/annual-reports/psb/2021/retail-payments-regulation-and-policy-issues.html

Annual Performance Statement

21 Oct 2021 RBA Annual Report – 2021
In 2020/21, the Bank focused on. the provision of least-cost routing functionality to merchants. ... Progress on activities to deliver convenient, secure, reliable and cost-effective banking services to customers.
https://www.rba.gov.au/publications/annual-reports/rba/2021/annual-performance-statement.html

Annual Performance Statement for 2018/19

17 Oct 2019 RBA Annual Report – 2019
Continue to monitor the effect of the card standards introduced in 2016–17 and encourage industry progress in providing least-cost routing functionality. ... The Bank has been actively encouraging the provision of least-cost routing functionality to
https://www.rba.gov.au/publications/annual-reports/rba/2019/annual-performance-statement.html

Abbreviations

28 Sep 2022 PSB Annual Report – 2022
LCR. Least-cost routing. LIBOR. London interbank offered rate. MOG. Multilateral Oversight Group for Euroclear Bank.
https://www.rba.gov.au/publications/annual-reports/psb/2022/abbreviations.html

Abbreviations

21 Oct 2021 PSB Annual Report – 2021
LCR. Least-cost routing. LIBOR. London interbank offered rate. MOG. Multilateral Oversight Group for Euroclear Bank.
https://www.rba.gov.au/publications/annual-reports/psb/2021/abbreviations.html

Abbreviations

15 Oct 2020 PSB Annual Report – 2020
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.
https://www.rba.gov.au/publications/annual-reports/psb/2020/abbreviations.html

Appendix A: Questions for Stakeholders | Review of Retail Payments Regulation – Issues Paper

9 Mar 2023
Review of Retail Payments Regulation – Issues Paper
https://www.rba.gov.au/payments-and-infrastructure/review-of-retail-payments-regulation/appendix-a.html