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RBA Glossary definition for HAC Rule

HAC Rule – Honour All Cards Rule

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Innovation and Regulation in the Australian Payments System

6 Dec 2020 Speech PDF 181KB
Buy now, pay later no-surcharge rulesThe third issue that I'd like to cover is the no-surcharge rules of buy now, pay later providers. ... The Board also recognises that it is possible that no-surcharge rules can play a role in thedevelopment of new
https://www.rba.gov.au/speeches/2020/pdf/sp-gov-2020-12-07.pdf

Priorities of EMEAP and Update on Global FX Code of Conduct

10 Sep 2021 Speech PDF 182KB
As a start, EMEAPmembers have agreed to promote investment in green bonds through the Asian BondFund, such as revising the bond index rules. ... ofmeeting regulatory compliance requirements, for example those relating to anti-money launderingand
https://www.rba.gov.au/speeches/2021/pdf/sp-dg-2021-09-09.pdf

Bagehot and the Lender of Last Resort – 150 Years On

18 Dec 2023 Speech PDF 318KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-ag-2023-12-14.pdf

Some Closing Remarks

7 Sep 2023 Speech PDF 236KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-09-07.pdf

Opening Panel Remarks at the FX Week Australia

27 Mar 2019 Speech PDF 137KB
It is worth noting the Code is principles-based rather than rules-based. ... This is to encourage marketparticipants to think about their practices and how their activities comply with the principles, ratherthan working narrowly to a set of rules.
https://www.rba.gov.au/speeches/2019/pdf/sp-ag-2019-03-27.pdf

13/12/2017 Merchant Payment Costs and Least-cost Routing | Speeches ...

13 Dec 2017 PDF 291KB
Terminalsmight be programmed to always send dual-network card transactions via a particular network orthey might use dynamic rules which identify the lower-cost network for each transaction. ... Merchants have typically had little ability to offset
https://www.rba.gov.au/speeches/2017/pdf/sp-so-2017-12-13.pdf

Attachment: Decisions of the Payments System Board

12 May 2006 Speech PDF 18KB
Attachment to Opening Remarks to the House of Representatives Standing Committee on Economics, Finance and Public Administration, Sydney, 15 May 2006
https://www.rba.gov.au/speeches/2006/pdf/sp-ag-150506-attachment.pdf

8/28/2019 A Balance of Payments | Speeches ...

28 Aug 2019 PDF 374KB
All of these developments have taken place under the rules-based global trading system that hasbeen in place for a number of decades now.
https://www.rba.gov.au/speeches/2019/pdf/sp-dg-2019-08-27.pdf

Twenty-five Years of Inflation Targeting in Australia

26 Apr 2018 Speech PDF 237KB
policy rules to achieve different points on that trade-off.10 This work followed on from that of John Taylor, along with Dale Henderson and Warwick McKibbin. ... 14 King M (1997), ‘Changes in UK Monetary Policy: Rules and Discretion in Practice’,
https://www.rba.gov.au/speeches/2018/pdf/sp-dg-2018-04-12.pdf

8/30/2019 Panel participation by Philip Lowe, Governor, at the ...

30 Aug 2019 Speech PDF 184KB
2. establishing a presumption that policy will be adjusted according to a rule, with an annualreview of the rule. ... These prescriptions strike me as overly technical. I don't see it as particularly helpful to basecommunications on coefficients in
https://www.rba.gov.au/speeches/2019/pdf/sp-dg-2019-08-25.pdf