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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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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

The Role of the Board

1 Oct 2000 PSB Annual Report – 2000
Designation is simply the first of a number of steps the Bank must take to exercise its powers;.
https://www.rba.gov.au/publications/annual-reports/psb/2000/role-board.html

The Payments System | Supplementary Submission to the Financial System Inquiry – August 2014 | Financial Sector | Submissions

1 Aug 2014 Submissions
While this approach is likely to involve separate designations and standards for individual schemes, consistency and competitive neutrality can still be achieved. ... in the same way as other payment systems, with the option for designation and
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-08/payments-system.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

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

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

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

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

Sources and Management of Systemic Risk | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions

1 Mar 2014 Submissions
This recognition motivated their recent designation as domestic systemically important banks (D-SIBs) by the Australian Prudential Regulation Authority (APRA) (Chapter 3). ... The designation of only the four major banks as D-SIBs reflects the
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/sources-and-management-of-systemic-risk.html

Developments and Innovation in the Payments System | Submission to the Financial System Inquiry – March 2014 | Financial Sector |…

1 Mar 2014 Submissions
Submission to the Financial System Inquiry 8. Developments and Innovation in the Payments System. Download 3.1. MB. A safe, competitive and efficient payments system is essential to support the day-to-day business of the Australian economy.
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/developments-and-innovation.html