Search: FMA Act

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RBA Glossary definition for ACT

ACT – Australian Competition Tribunal

RBA Glossary definition for FMA Act

FMA Act – Financial Management and Accountability Act 1997 (which was replaced by the Public Governance, Performance and Accountability Act 2013 on 1 July 2014).

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Background and Potential Issues | Review of Card System Access Regimes: A Consultation Document May 2013 | Consultations

28 May 2013 Consultations
Banking Act 1959. to include credit card issuing and acquiring in Australia in the designated MasterCard and Visa systems. ... Payment Systems (Regulation) Act 1998. on 11 April 2001 (i.e. the MasterCard and Visa credit card systems).
https://www.rba.gov.au/publications/consultations/201305-review-card-sys-access-regimes/background-potential-issues.html

Some Emerging Issues | Dual-Network Cards and Mobile Wallet Technology – Consultation Paper – December 2016

10 Dec 2016 Consultations
Any such actions (and potentially other related conduct) would appear to raise issues relevant for the Payments System Board's mandate under the Reserve Bank Act 1959 and the Payment Systems ... Regulation) Act 1998 to promote competition and efficiency.
https://www.rba.gov.au/publications/consultations/201612-dual-network-cards-and-mobile-wallet-technology/some-emerging-issues.html

Attachment 2 – Draft Variation to the Access Regimes | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document…

6 Dec 2013 Consultations
terms defined. or having a meaning. in the. Payment. s. Systems (Regulation) Act 1998. ... terms defined. or having a meaning. in the. Payment Systems (Regulation) Act 1998.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/attachment-2.html

Designation of the EFTPOS System | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | …

8 Jun 2012 Consultations
The Act, however, does not provide the Bank with the power to vary a designation. ... The meaning of the public interest is set out in section 8 of the Payment Systems (Regulation) Act.
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/designation-efpos-system.html

Attachment 2 | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 | Consultations

8 Jun 2012 Consultations
This Standard is determined under Section 18 of the. Payment Systems (Regulation) Act 1998. ... acquirer;. terms defined in the. Payment Systems (Regulation) Act 1998. have the same meaning in this Standard.
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/attachment-2.html

Interchange Fees Standard | Review of the Regulatory Framework for the EFTPOS System: Consultation on Options for Reform June 2012 |…

8 Jun 2012 Consultations
Section 18(1) of the Payment Systems (Regulation) Act provides that the Bank may determine standards to be complied with by participants in a designated payment system if it considers that ... Under section 18(3) the Bank may also revoke a Standard.
https://www.rba.gov.au/publications/consultations/201206-rev-reg-frmwrk-eftpos-sys/interchange-fees-std.html

Dual-Network Debit Cards | Dual-Network Cards and Mobile Wallet Technology – Consultation Paper – December 2016

10 Dec 2016 Consultations
In the United States, Section 1075 of the 2010 Dodd-Frank Act, known as the Durbin Amendment, provided for a number of reforms to the debit card market with the intention
https://www.rba.gov.au/publications/consultations/201612-dual-network-cards-and-mobile-wallet-technology/dual-network-debit-cards.html

Project Scope | ISO 20022 Migration for the Australian Payments System – Responses and Options Paper – September 2019

31 Dec 2002 Consultations
under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act).
https://www.rba.gov.au/publications/consultations/201909-iso-20022-migration-for-the-australian-payments-system-responses-options/project-scope.html

Central Clearing of OTC Derivatives | Central Clearing of OTC Derivatives in Australia June 2011 | Consultations

7 Jun 2011 Consultations
Finally, membership of a CCP might act as a signal of a dealer's creditworthiness or market standing. ... In Australia, the relevant legislation is the. Payments Systems and Netting Act 1998.
https://www.rba.gov.au/publications/consultations/201106-otc-derivatives/central-clearing-otc-derivatives.html

Options for Reform | Proposed Variation to the MasterCard and Visa Access Regimes: Consultation Document December 2013 | Consultations

6 Dec 2013 Consultations
In particular, the. Banking Act 1959. stipulates that only entities that are ADIs, the Reserve Bank or those with exemptions can carry on ‘banking business’ in Australia.
https://www.rba.gov.au/publications/consultations/20131206-prop-variations-to-mc-visa-access-regimes/options-reform.html