Search: Designation
RBA Glossary definition for Designation
Designation – The formal notification of action taken to exercise powers conferred by legislation.
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Retail Payments Regulation and Policy Issues
21 Oct 2021
PSB Annual Report
– 2021
expanding the scope of the Bank's designation power in the Payment Systems (Regulation) Act 1998 to ensure that the Bank can regulate new and emerging payment systems and introducing a ... new designation power for the Treasurer based on national
https://www.rba.gov.au/publications/annual-reports/psb/2021/retail-payments-regulation-and-policy-issues.html
Banking and Payment Services
20 Sep 2018
RBA Annual Report
– 2018
As the bank designation is no longer a useful criteria for determining the appropriate type of RITS membership, the prior requirement for all banks to hold an ESA has been removed.
https://www.rba.gov.au/publications/annual-reports/rba/2018/banking-and-payment-services.html
Governor's Foreword
9 Oct 2015
PSB Annual Report
– 2015
Having received feedback via this process, the Board will consider the possible designation of some payment systems and whether to consult on specific changes to the regulatory framework.
https://www.rba.gov.au/publications/annual-reports/psb/2015/governors-foreword.html
Reform of Card Payment Systems
26 Sep 2006
PSB Annual Report
– 2006
The designation was followed in October 2004 by a legal challenge in the Federal Court by a group of merchants to the validity of the designation. ... It noted, however, that final decisions would not be made until the legal challenge to designation of
https://www.rba.gov.au/publications/annual-reports/psb/2006/reform-card.html
Governor's Foreword
24 Aug 2001
RBA Annual Report
– 2001
In the first area, the major development during 2000/01 was the designation of the three credit card schemes operating in Australia so that the Payments System Board could determine whether
https://www.rba.gov.au/publications/annual-reports/rba/2001/gov-foreword.html
Accountability and Communication
24 Oct 2016
PSB Annual Report
– 2016
In 2015/16 there were media releases on: the signing of the Memorandum of Understanding with the Australian Payments Council and the revocation of the Access Regime and designation of eftpos ... in August 2015; the designation of a number of payment card
https://www.rba.gov.au/publications/annual-reports/psb/2016/accountability-and-communication.html
Competition and Efficiency
11 Nov 2004
PSB Annual Report
– 2004
The most recent year was marked by two main developments: the new standards on credit cards coming into force, and the designation of the Visa Debit and EFTPOS payment systems. ... Payment Systems (Regulation) Act. Following that process, the Board
https://www.rba.gov.au/publications/annual-reports/psb/2004/competition.html
The Role of the Board
21 Mar 2002
PSB Annual Report
– 2001
Designation is the first of a number of steps the Bank must take to exercise its powers;.
https://www.rba.gov.au/publications/annual-reports/psb/2001/role-board.html
Reform of the Australian Payments System
11 Nov 2004
PSB Annual Report
– 2004
In reaching the decision that designation was in the public interest, the Board took into account how EFTPOS interchange fees affect the totality of the payments system, and how the system
https://www.rba.gov.au/publications/annual-reports/psb/2004/reform.html
Introduction
20 Sep 2005
PSB Annual Report
– 2005
of the current court case challenging designation of the EFTPOS system is known.
https://www.rba.gov.au/publications/annual-reports/psb/2005/introduction.html