Search: Designation
RBA Glossary definition for Designation
Designation – The formal notification of action taken to exercise powers conferred by legislation.
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Glossary of Terms and Abbreviations
24 Mar 2003
PSB Annual Report
– 2002
CLS Bank. Continuous Linked Settlement Bank. Designation. the formal notification of action taken to exercise powers conferred by legislation.
https://www.rba.gov.au/publications/annual-reports/psb/2002/glossary.html
Glossary of Terms and Abbreviations
25 Sep 2003
PSB Annual Report
– 2003
CLS Bank. Continuous Linked Settlement Bank. Designation. the formal notification of action taken to exercise powers conferred by legislation.
https://www.rba.gov.au/publications/annual-reports/psb/2003/glossary.html
Reference Material
11 Nov 2004
PSB Annual Report
– 2004
Sydney, July 2004. Reserve Bank of Australia, Designation of the EFTPOS System – Reasons for the Decision to Designate the EFTPOS Payment System, Media release, 14 October 2004.
https://www.rba.gov.au/publications/annual-reports/psb/2004/ref-material.html
The Role of the Board
1 Oct 1999
PSB Annual Report
– 1999
Designation has no other effect; it is simply the first of a number of steps the Bank must take to exercise its powers;. ... If the Bank does so, its requirements are paramount. Designation does not, by itself, remove a system from the ACCC's coverage.
https://www.rba.gov.au/publications/annual-reports/psb/1999/role-board.html
The Board's Decisions and Reserve Bank Reports
13 Sep 2007
PSB Annual Report
– 2007
Media Release 2006-02, ‘Payments System Reforms’ (Announcing the imposition of an interchange fee standard on the EFTPOS system, the revocation of the designation of the Bankcard scheme and the access
https://www.rba.gov.au/publications/annual-reports/psb/2007/board-decisions.html
The Board's Decisions and Reserve Bank Reports
2 Oct 2009
PSB Annual Report
– 2009
Media Release 2008-28, ‘Payments System Reform’ (Announcing the designation by the Bank of the Australian ATM system and the release of a consultation document setting out a draft Access Regime;
https://www.rba.gov.au/publications/annual-reports/psb/2009/board-decisions.html
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