Search: PSB
RBA Glossary definition for PSB
PSB – Payments System Board. Created in 1998, within the Reserve Bank of Australia (RBA). The PSB is responsible for determining the RBA's payments system policy so as to best contribute to: controlling risk in the financial system; promoting the efficiency of the payments system; and promoting competition in the market for payment services, consistent with the overall stability of the financial system. Powers to carry out the PSB's policies are vested in the RBA.
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Box A: Risks in Non-bank Lending in India
12 Apr 2019
FSR
– April 2019
Graph A2. Growing financial stress at PSBs resulted in numerous policy measures over several years. ... The Indian Government injected capital into the PSBs and implemented measures to improve PSB governance.
https://www.rba.gov.au/publications/fsr/2019/apr/box-a.html
Developments in the Financial System Architecture
20 Oct 2015
FSR
– October 2015
As discussed in the previous Review, following the Final Report of the FSI, the Bank's Payments System Board (PSB) commenced a review of the framework for the regulation of card ... The broad direction of the review received support from the FSI Final
https://www.rba.gov.au/publications/fsr/2015/oct/dev-fin-sys-arch.html
Developments in the Financial System Architecture
20 Apr 2016
FSR
– April 2016
The Government also supported the PSB progressing its Review of Card Payments Regulation. ... As discussed in previous Reviews, the PSB has been undertaking a review of the framework for the regulation of card payments.
https://www.rba.gov.au/publications/fsr/2016/apr/dev-fin-sys-arch.html
Developments in the Financial System Architecture
10 Mar 2015
FSR
– March 2015
On payments system issues, the Report was generally supportive of the work the Bank's Payments System Board (PSB) has undertaken since its inception in 1998. ... In the payments system area, the Report was generally supportive of the work of the PSB,
https://www.rba.gov.au/publications/fsr/2015/mar/dev-fin-sys-arch.html
Developments in the Financial System Architecture
20 Oct 2016
FSR
– October 2016
This was a comprehensive examination of the regulatory framework for card payments, guided by the mandate of the Bank's Payments System Board (PSB) to promote competition and efficiency in the ... The key decisions taken by the PSB related to surcharging,
https://www.rba.gov.au/publications/fsr/2016/oct/dev-fin-sys-arch.html
Consultation on Changes to the Bank's Standards for Card Payment Systems | Consultations
3 Dec 2015
Consultations
Consultation on Changes to the Bank's Standards for Card Payment Systems
https://www.rba.gov.au/publications/consultations/201512-consultation-on-changes-to-the-banks-standards-for-card-payments-systems.html
Governance | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019
31 Dec 2002
Consultations
There is strong support for an appropriate body (such as the APC, RBA or the Payments System Board (PSB)) to provide oversight and to ensure ongoing industry commitment and accountability. ... There would be periodic reporting to the PSB of the status of
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/governance.html
Strategic Issues – Project Governance | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019
31 Dec 2002
Consultations
PSB and APC – these peak oversight bodies for the Australian payments industry can provide strategic direction and endorsement of strategic direction for industry development.
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/strategic-issues-project-governance.html
Introduction | ISO 20022 Migration for the Australian Payments System – Issues Paper – April 2019
31 Dec 2002
Consultations
The Payments System Board (PSB) has identified migration to ISO 20022 as a key strategic issue for the Australian payments system.
https://www.rba.gov.au/publications/consultations/201904-iso-20022-migration-for-the-australian-payments-system/introduction.html