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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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Regulatory Developments in Retail Payments

2 Oct 2013 PSB Annual Report – 2013
a new designation for the eftpos system, the Bank began the second phase of the review in June 2012. ... For more detail on the designation, see RBA (2012), Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform, June
https://www.rba.gov.au/publications/annual-reports/psb/2013/reg-dev-ret-pay.html

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

Competition and Efficiency

21 Mar 2002 PSB Annual Report – 2001
Following designation, the Reserve Bank undertook a detailed evaluation of whether the main restrictions established by the credit card schemes are in the public interest.
https://www.rba.gov.au/publications/annual-reports/psb/2001/competition.html

The Board's Announcements and Reserve Bank Reports

24 Oct 2016 PSB Annual Report – 2016
Media Release 2015-19, ‘Review of Card Payments Regulation: Designation of Payment Systems’, 15 October 2015.
https://www.rba.gov.au/publications/annual-reports/psb/2016/boards-announcements-and-reserve-bank-reports.html

Competition and Efficiency

24 Mar 2003 PSB Annual Report – 2002
Following designation, the Reserve Bank undertook a detailed evaluation of whether the main restrictions established by the credit card schemes were in the public interest.
https://www.rba.gov.au/publications/annual-reports/psb/2002/competition.html

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 The Bankcard scheme was also designated at the same time but the designation was revoked in April 2006 following the scheme's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

Retail Payments Regulation and Policy Issues

17 Oct 2019 PSB Annual Report – 2019
Accordingly, American Express has requested that the Bank revoke the designation of the American Express Companion Card Scheme.
https://www.rba.gov.au/publications/annual-reports/psb/2019/retail-payments-regulation-and-policy-issues.html

Financial Surveillance | Reserve Bank of Australia Annual Report - 1993

30 Jun 1993 Annual Report
sufficient to gain designation as RBDs.
https://www.rba.gov.au/publications/annual-reports/rba/1993/fin-surveillance.html

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

Retail Payments Policy and Research

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/retail-payments-policy-and-research.html