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RBA Glossary definition for systemic risks
systemic risks – Events which may jeopardise financial system stability and cause harm to the real economy. For example, the Y2K problem was regarded as such a risk. They may include the risk that the failure of one participant in a payments system, or in financial markets generally, to meet their required obligations when due, will cause other participants or financial institutions to be unable to meet their obligations (including settlement obligations in a transfer system) when due. Such a failure may cause significant liquidity or credit problems.
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Reforms to the Payment Systems (Regulation) Act 1998 Submission to Senate Economics Legislation Committee – February 2024 | Payments System …
23 Feb 2024
Submissions
risks as the payments system continues to evolve. ... The PSB has a specific duty to ensure that the RBA exercises its powers under the PSRA in a way that best contributes to: controlling risk in the financial system; promoting
https://www.rba.gov.au/publications/submissions/payments-system/reforms-to-the-psra/index.html
5 April 2022 | Minutes of the Monetary Policy Meeting of the Board
19 Apr 2022
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 April 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-04-05.html
7 November 2023 | Minutes of the Monetary Policy Meeting of the Board
21 Nov 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 November 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-11-07.html
Applications for Authorisation in Relation to 3D Secure – February 2016 | Payments System | Submissions
8 May 2024
Submissions
Because cardholders are generally insulated from the impact of fraud by chargeback rights and zero liability arrangements, they can be expected to value convenience over the risk faced mainly by others.
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-3d-secure/index.html
1 August 2023 | Minutes of the Monetary Policy Meeting of the Board
15 Aug 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 August 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-08-01.html
5 September 2023 | Minutes of the Monetary Policy Meeting of the Board
19 Sep 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 September 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-09-05.html
Applications for Authorisation in Relation to PIN@POS – July 2016 | Payments System | Submissions
8 May 2024
Submissions
As part of its work, the Board monitors developments in payments fraud, since fraudulent transactions can affect the efficiency of a payment system by increasing the costs and risks of making
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-pin@pos-2013-07/index.html
5 October 2021 | Minutes of the Monetary Policy Meeting of the Board
19 Oct 2021
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 5 October 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-10-05.html
6 July 2021 | Minutes of the Monetary Policy Meeting of the Board
6 Jul 2021
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 July 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-07-06.html
4 July 2023 | Minutes of the Monetary Policy Meeting of the Board
18 Jul 2023
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 July 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-07-04.html