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RBA Glossary definition for HAC Rule

HAC Rule – Honour All Cards Rule

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Box B: The Impact of Lending Standards on Loan Sizes

10 Feb 2020 FSR October 2018 PDF 634KB
https://www.rba.gov.au/publications/fsr/2018/oct/pdf/box-b.pdf

Box E: The 2018 Financial Sector Assessment Program (FSAP) Review of Australia

12 Apr 2019 FSR – April 2019
Most notably, bank capital had been raised to levels that were more conservative than the international capital rules set by the Basel Committee on Banking Supervision (BCBS), with plans to raise
https://www.rba.gov.au/publications/fsr/2019/apr/box-e.html

Box C: Vulnerable Households and Financial Stress

20 Oct 2018 FSR – October 2018
One commonly used yardstick of housing stress that focuses on lower-income households is the ‘30–40’ rule. ... This compares with around 7 per cent of households when applying the 30–40 rule using actual repayments.
https://www.rba.gov.au/publications/fsr/2018/oct/box-c.html

Box D: Stress Testing at the Reserve Bank

20 Oct 2017 FSR – October 2017
The Reserve Bank model primarily relies on behavioural rules and accounting identities to generate projections of bank profitability and capital from a scenario (Table D1). ... This non-linearity is mostly attributable to the behavioural rule governing
https://www.rba.gov.au/publications/fsr/2017/oct/box-d.html

Supplementary Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2020 | Responses and…

8 May 2024 Submissions
FINMA is considering the application and has indicated that Diem will be subject to the principle of ‘same risks, same rules’ – that is, if Diem poses bank-like risks it will
https://www.rba.gov.au/publications/submissions/payments-system/supplementary-submission-technology-12-2020/index.html

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

8 May 2024 Submissions
Individual payment schemes (such as the card schemes) also have their own rules and standards that members of those schemes must follow. ... accordance with the rules governing the operation of the system.’ Subsequent case law has provided some
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

The Global and Macro-financial Environment

6 Oct 2023 FSR – October 2023
The Global and Macro-financial Environment | Financial Stability Review – October 2023
https://www.rba.gov.au/publications/fsr/2023/oct/global-financial-environment.html

Submission to the Senate Select Committee on Financial Technology and Regulatory Technology – December 2019 | Payments System | Submissions

28 Dec 2019 Submissions
The result of this approach is that the scope of the Bank's regulation has been relatively narrow, largely covering interchange fees and scheme rule restrictions relating to merchants in card ... any potential policy issues associated with the growth of
https://www.rba.gov.au/publications/submissions/payments-system/financial-and-regulatory-technology/index.html

Box D: Core Principles for Systemically Important Payment Systems

10 Sep 2005 FSR – September 2005
The system's rules and procedures should enable participants to have a clear understanding of the system's impact on each of the financial risks they incur through participation in it.
https://www.rba.gov.au/publications/fsr/2005/sep/box-d.html

The Global Financial Environment

8 Oct 2021 FSR – October 2021
expiration of loan forbearance at the end of 2021, and banks bringing off-balance sheet assets (including NPAs) onto their balance sheets to comply with new rules on asset management products.
https://www.rba.gov.au/publications/fsr/2021/oct/global-financial-environment.html