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RBA Glossary definition for ACCC

ACCC – Australian Competition and Consumer Commission. A Commonwealth statutory authority responsible for ensuring compliance with the Competition and Consumer Act 2010 (formerly the Trade Practices Act 1974) and the provisions of the Conduct Code. The Commission's consumer protection work complements that of State and Territory consumer affairs agencies.

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Submission to Payments System Review – January 2021 | Responses and Options Paper

8 May 2024 Submissions
Both the Bank and the ACCC have a mandate to promote competition in the market for payment services. ... information; additional ad hoc meetings are also held between the RBA and ACCC staff to discuss specific issues in detail.
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

Regulatory Developments

9 Oct 2020 FSR – October 2020
The CFR has met with the Treasurer and, in June, met with executives from the Australian Competition and Consumer Commission (ACCC), the Australian Taxation Office (ATO) and the Australian Transaction Reports ... Since 2017, the CFR agencies have been
https://www.rba.gov.au/publications/fsr/2020/oct/regulatory-developments.html

Applications for Authorisation in Relation to 3D Secure – February 2016 | Payments System | Submissions

8 May 2024 Submissions
By Email – adjudication@accc.gov.au. Dear Sir/Madam. A91525 and A91526 – Australian Payments Clearing Association Limited – Submission. ... However the Bank sees some possibility for the initiative to competitively disadvantage some payment schemes
https://www.rba.gov.au/publications/submissions/payments-system/applications-for-authorisation-re-3d-secure/index.html

Proposed Merger Between Armaguard and Prosegur – April 2023 | Responses and Options Paper

8 May 2024 Submissions
Submissions – Payments System Proposed Merger Between Armaguard and Prosegur. Submission to ACCC consultation on Proposed Undertaking. ... of Preliminary Views (the Response) provided by Armaguard and Prosegur (the Applicants) to the ACCC and released
https://www.rba.gov.au/publications/submissions/payments-system/proposed-merger-armaguard-and-prosegur-submission-april-2023/index.html

Domestic Regulatory Developments

7 Oct 2022 FSR – October 2022
This has occurred through a working group comprising CFR members, the ACCC, AUSTRAC, the Australian Taxation Office (ATO) and the Department of Home Affairs. ... Each year in June, the CFR meets with other domestic regulators that are involved with the
https://www.rba.gov.au/publications/fsr/2022/oct/regulatory-developments.html

Submission to the Australian Competition and Consumer Commission – April 2024 | Submissions Payments System

8 May 2024 Submissions
In June 2023, the ACCC approved the merger between Linfox Armaguard and Prosegur Australia. ... These discussions are occurring in line with the first ACCC Interim Authorisation (AA1000654), and consistent with the subsequent ACCC draft determination.
https://www.rba.gov.au/publications/submissions/payments-system/accc-on-aba-cash-in-transit-application-04-2024/index.html

Submission to the ACCC: eBay and PayPal – 2 May 2008

18 Jul 2008 Submissions PDF 16KB
Submission to the ACCC: eBay and PayPal
https://www.rba.gov.au/publications/submissions/payments-system/ebay-and-paypal/pdf/ebay-and-paypal.pdf

The Social Costs of Currency Counterfeiting

1 May 2015 RDP PDF 881KB
Consumer costs 0.22 0.14 0.12 Total cost 1.21 0.67 0.55 Increase in cost over cash 0.66 0.12 RBA and ACCC (2000) Private costs. ... Stewart et al (2014) 5.9 0.0 5.9 Schwartz et al (2008) 3.9 0.2 4.2 RBA and ACCC (2000) 11.2 –0.2 11.0.
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-05.pdf

The Evolution of Payment Costs in Australia

11 Apr 2019 RDP PDF 1298KB
This study follows earlier work on payments costs by the Reserve Bank and the Australian Competition and Consumer Commission (Schwartz et al 2008; RBA and ACCC 2000).
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-14.pdf

The Australian Financial System

7 Oct 2022 FSR – October 2022
See Armour C (2022), Regulating Crypto-asset-based Investment Products within the Financial Services Framework, AFR Cryptocurrency Summit, 6 April; ACCC (2022), Australians Are Losing More Money to Investment Scams, Media
https://www.rba.gov.au/publications/fsr/2022/oct/australian-financial-system.html